Bitcoin Forum

Trading has become an activity that is often carried out by cryptocurrency enthusiasts, when you hold coins you are indirectly required to understand how to trade, at least how to sell and buy on exchanges is general knowledge that every cryptocurrency enthusiast must have.

But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.

In your opinion, can someone trading without experience or knowledge?

You can trade but having knowledge and experience would really be having a big difference compared to those who dont have any idea on what they are doing.
This market is very unpredictable and if you do really like to sustain yourself or being succesful then you would really be needing these stuffs.
Experience wont be gained until you engage or trade up and skills wont be mold up if you dont eager yourself to learn and of course those would really
be needing your own hardwork on knowing everything from own experience to theories and considering other analysis as well.

Trading without knowledge or experience is same like sitting on tracks of bullet train and hoping it will jump above you. It’s a total suicidal thing and must not be done.

I've done that myself. Long ago and only for a couple of months.
I was overly lucky and overall didn't lose money. But at the moment I understood how lucky I was I gave it up.
I had no experience, no knowledge in TA, just I was trading a coin that happened to be mostly on a rise back then. After a few failures I stopped while I was still on a small profit.

Yes, many do trading without enough knowledge, they treat trading as gambling. Is not advised because it can easily go wrong.

They can but might just be so lucky if they make it out minus losing all what's in their portfolio. Spot trading can be a little friendly for someone who's had no experience, but things like Futures trading can be so brutal and one can easily lose everything.

I think one first need to learn a number of things like the dynamics of the market, risk management, the dos and don'ts before embarking on a trading career that involves lots of money.

Well, that is simply common sense. It seems like you ask about, ^{--[can I go in the battle and join war even though I did have trained]}.
It is obviously no or and big ^[NO], trading needs knowledge and skills to formulate the possible result, you should have different studies and do chart study so that you have a technical and fundamental analysis in trading which is can forecast a possible prediction on crypto price. Indeed, that is throwing money if you are forcing yourself to do trading even you don't have knowledge on it.

Anyone can trade but not everyone can make money in trading so if you want to become more successful you should not skip the learning process of trading. We all know how risky to trade in cryptomarket or in any market, in just a day or an hour your capital can be loss so don’t take trading easily and do it seriously to make money.

Trading signals are bad but lazy people feel it good because they have something to rely on without any time, effort they have to pay to think, consider, investigate. They have to buy membership of trading signal groups but they can not blame on group operators about right or wrong of their trades.

Signals will be given with a range for entry and take profit or cut loss but receivers will be greedy and accept higher price than the given price.

It is true for trading and others activities. You can not succeed for too long if you are only depended on luck and the others' opinion. Without knowledge and experience, too much dependence will end with loss.

Anyone can trade, and I mean literally anyone. The matter of profiting off of trading is another thought though. Trading always has that 50/50 chance and no matter how much experience you get it always results in a win or loss, and as such anyone can partake in it. However, what separates a good trader from a bad trader is managing his portfolio. He does this to keep his losses to a minimum. Now this seems contrary to what I said of 50/50 equal chance, but there's a difference. Keeping his losses to a minimum doesn't mean that his chances are any lower, it's just that he makes sure that IF he loses, he has a move that can reduce that to the absolute minimum possible.

There's still a lot of factors involved, but honestly, before involving yourself in profiting off of trading, you might want to start off with reducing the risk of losing everything instead. After all, trading is a place where you're guaranteed to always have a loss.

They can but they should be prepared.

There are a lot of investors that wanted some people to start with a small amount without any knowledge or experience. That is good for some but for some, it won't go right. Others also rely on what will just happen and learn from it but some won't just rely on what will happen while do some effort to make something happen so it won't go to waste.

Yes you can trade without any knowledge and come out with some few first timer luck but you're doing yourself more harm than good. Trading without the required skills and knowledge is like driving a plane without having the required knowledge to become a pilot which means there's every possiblity the plane would crashed at anytime because you don't have the right knowledge to tackle some issue when it raises same with trading.

There's some issues that will pump up and when you don't have the basic knowledge, you won't be able to handle them. Trading has a lot to do with reading and understanding the charts, been able to interpret it to predict the direction of the market at least 90% of the time and not just gambling on the direction the market is likely to move. If you don't have the knowledge, go acquire them instead of blindly gambling on the market in the name of trading.

Trading without a weapon with you (proper knowledge and experience) is like hitting your own head to the wall. Though trading signal apps are already available nowadays, that doesn't mean you can rely on that 100% since it is not guaranteed that it is profitable.

Experience , proper knowledge  and confidence are the tools to help a certain trader achieve the success that he/she wants. It is not easy to make money and not also easy to throw your money into something that will not give you profits in return. Patience will always be tested when learning some technical knowledge about trading, but in due time the fruit of hardships and efforts will gonna be paid off.

Right now if you want to trade without experience and knowledge you can do it since the market are in green/bullish, so you've less percentage of loss instead of profit. It will be very different story if the market goes sideways or bear market, you should need those 2 requirement in order to get profit because it's much harder.

But, has been said it's better if you have experience and knowledge instead nothing, you're just like gambling (you win or either lose)

Beware and carefully to trade shitcoin because it's high risk of lossing money (e.g. DEFI)

Unless you have plenty money to loose, or you really learn better on your own and you don't mind the losses, don't trade without knowledge most importantly and no information (experience).

If it can be done, but everything would be in the hands of your luck, you would see it almost as a game, and trading is not a game, I see trading as a professional career where you learn every day.

Every time you must seek more knowledge and try to learn, sometimes failures and failures help you understand more about the market, of course the bad thing is losing money, but to avoid this it is recommended that you operate for a long time while you learn. with play money.

What you can try is a long-term investment, because it is likely that you can make a profit while educating yourself, investing in safe currencies, like Bitcoin, and if its price falls in some way it will always give you a profit sooner or later. If you enter the market right now you may be very lucky, because the price and movements of bitcoin can help you, but when Bitcoin has its falls, the market is bearish, it is where you have to speculate according to its movements, and go with the movement of the least resistance so you can make a profit, just as Jesse Livermore said in his books.

To support @Rruchi man, I would go as far as to say that trading without knowledge is a financial suicide. Without experience can be solved by doing trading but going in without a prior knowledge of the basics in trading will make you do expensive decision that results in expensive losses and the only way that you can do that is as @Rruchi man said, if you have a lot of money and you are extremely lucky that something favorable for you happened in the market.

Anyone can trade without experience and knowledge but for you to become successful in your trading journey you have to learn how trading works. This is not only about to earn profit but also learning technical analysis which can guide you when to enter and exit the market. Experience is the best teacher and knowledge is for a lifetime without this it's like having a suicidal attempt of your money that will be a loss.

You can trade without knowledge, but in the long run you'll soon fail if you can't beat emotions. Same with gambling, you can't beat the system if you won't count and analyze what moves you need to take to hit the wins. By experience, knowledge will follow in the same manner and yet that needs to develop in the long run.

If it's a question of "can", then yes you very well can trade without any experience or knowledge. Will you be trading successfully? Then that may be a different matter altogether. Trading blindly is very risky especially when you don't know any indicators or have no idea when is the best time to to enter or make that trade. Not to mention leveraging and margins can definitely make you lose your money. The very least you should know the basics. Some exchanges such as Etoro even have assessments to determine your risk profile.

However, someone who reads tons of books about trading and has attended tons of classes does not always mean he can be very good in trading. Experience is still the best teacher. Not everything can be taught on paper.

Without any knowledge and Experience trading is not possible for people’s. We know that crypto trading is not profitable for wrong coin buy selling, so knowledge is must for crypto trading and also new traders can make profit through telegram channel who provide legit signal.         

Just like that you are going into a war without a gun and bullet then you are making yourself get killed or suicide.This is just the same when you do jump into this market without proper knowledge
which would only cause for you to lost up money in short period of time compared if you do have any idea on what you are doing then you would be most likely able to survive or sustainable.
We do start on being a noob or doesnt have any idea and there's no one who do start on being a pro directly this is why self engagement would be the key for you to
gain experience because you would gain up knowledge along the way and its just wise for you to learn from it so that you will be aware on what
would you do in next trade that you will make.

Trading without knowledge and experience is like sitting on a time bomb; ofcourse the profits would be massive amongst but then it would vanish too; the same way it has come lol.

To be successful in trading; you must have a trading pattern, process and strategies that guides when to buy or sell or take profit or cut loss. Leaning helps you win alot in crypto currency. You can learn more from the thread  Follow a trading process. (https://bitcointalk.org/index.php?topic=5292866.msg55671120#msg55671120)

Don't get surprised if you were going to lose because that would usually be happening in a case like this.

No knowledge/experience = no result.

Thus, if you want to have a positive result from our trades, we have to spend time learning (at least) the basic things and tried to apply this in an actual scenario. Yes, it was just the basic steps but we can learn more as we continue to do it. The more experience and exposure we do, the more learning we acquired.

That is the funny thing about trading that makes me laugh a lot time to time. Obviously someone who studied trading a lot, like even after years of studying and doing it, still keep studying it, think about it like being a professor of a subject at a prestigious school, you still keep reading to learn more and do not stop, yet you teach anyway while still learning more and more. A very good trader first studies and learns, then starts trading but still keeps learning basically becomes better and better and better.

We all know this person will trade much much better than a newbie, and 99% of the time a great trader will be making a profit while newbie loses money. However funny thing is, very rarely, there are times when a veteran and expert trader loses money on a trade that a newbie made a profit from, and that hilarious if you ask me and shows how trading depends on luck a lot of the times.

You can actually trade without knowledge but there's no guarantee that you'll earn a good profit since you don't have enough information and understanding about what you're doing. It's necessary that we'll have our own research before entering the world of trading because that's the best weapon that we could have upon entering the battlefield. Trading is a risky thing and we should know how to deal with it or else we might lose our funds. Having knowledge about the technical analysis or at least dealing with the possible changes in the market would be our advantage.

Ordinary people can trade without knowledge and experience by guessing, buying at the red price selling at the green price. but remember that the risk of trading in crypto is very high, because the volatility of crypto prices is very high. Knowledge and experience of trading in cryptocurrency is also very important to determine where the market is going. If you want to become a day trader, at least you understand technical analysis and fundamental analysis. Don't force it to look for daily profits if you are still a beginner. Becoming a holder might be more suitable for beginners who don't know anything about trading.
Besides that, psychology is also important. Because trading in crypto will pump up your psychology, to what extent do you put up with the level of stress that is given when trading in crypto.

Yes you can, it’s called speculation.
But, the gap between gambling and speculation is too narrow (or is it the same thing?).
The only knowledge we must know before doing trading is knowing how to use the trading platform.

But if your question is, “can someone gets profit from trading without experience or knowledge?”,
The answer is, yes they can. But their chance is is lower than the educated and well-trained trader.

But, even a pro trader is a noob trader when they started it for the first time, right?
You do mistake first, and then you will learn.

Impossible. Trading is a skill and you need to learn and have knowledge on it. Just like in school, you don't know how to read and spell words without learning. When I started taking Bitcoin and the crypto industry seriously, I took time studying on how everything works, especially on trading. Although that it may be time consuming to study, but it'll be worth it in the end.

Yes, everyone can do trading without experience or knowledge, however there's no guarantee that someone would make a good profit with merely an speculation or treat trading as a gambling and most of them are just burning their money. I wouldn't recommend this kind of practice because it has been proven from many traders who do lost a lot due to inexperienced in the field nor knowledgeable enough.

It's best to learn the basics first and always do your own research if necessary because no one is going to a war without a weapon not unless if you are Chuck Norris. ;D

Unless it is newbie luck syndrome, having a good run without experience is hard in the long term. The market is volatile and catching the trends on small timeframes is harder than ever on fast-moving markets. Smart traders think about the long-term trading goals and focus on the future vision. The newbie traders will burn the trading capital sooner or later, IMHO.

Yes but its like gambling since the result is uncertain and likely the worse. Thus dont expect to gain in trading if you dont have idea on what you're doing.

We dont really need to know everything, just the basics for newbies are enough because as time goes by you'll learn it through experience.

So why try to trade without knowledge and experience if you can achieve those if you will take time and not rushing things.

Yes of course any one can do trade even without experience but do not expect that the same results will apply compared to those who acquire basic knowledge prior upon engaging into trading. Any one can trade as long as he have funds with him. What will be the difference from the inexperienced, having no knowledge to those who have is that there is a larger risks and no further assurance of them to gain for their capital will be at stake of loss due to the reason that they seems to be gambling their money for not knowing anything on how to do trading. So better be learn at least the basics before doing engagement to lessen and manage the risks associated upon doing trading to obtain profit and not losses.

Well, I have got your point and you are right there. But I think basic learning on treading is not enough for me, traders must dig more to obtain knowledge and skills in trading. I know it is easy to read articles regarding trading and even watch a video regarding trading strategies and techniques but when you are actual, perhaps it is very hard to acquire. You can do trading without experience but don't expect if you will gain profit because that is not a trial and error that you can simply undo if there is a mistake. It should be worked together, the knowledge and the experience.

Can you do it? Yes, should you do it? The answer is a very loud no, look trading is already hard enough even if you have all the necessary knowledge, but trading without any knowledge is like driving without any training, you will be able to get away with it for some time but then sooner or later you will make a mistake so big that your life will be changed forever, do not risk it, it is simply not worth it, the market is not going anywhere, you can take all the time you need to learn how to trade and finally do it once you are ready.

Basically no, you can't do anything if you don't any knowledge, yeah at least the knowledge. Although you are following a signal from an expert to trade you will not get anything at the end. There will be sometime when you hold your coin and you just sell the because the coin price is continue to decrease whereas this thing only just a correction.

Because you don't have any knowledge you will make a decision based on your emotional. You will not make a decision based on your rational, because the rational brain will make a decision based on the knowledge. This decision will be made in a structured and systematic manner and even take a little longer to see from various sides. Trading without knowledge is like you are at war but you are not wearing any weapons.

Trading without experience is like Gambling, if you are lucky you will won, otherwise you will lose all your money

Such a trader will eventually lose all their invested funds in the long run this is based on personal experience I was just gambling while trading blindly, trading is not a thing any Tom, dick and Harry can dabble into without any prior knowledge and experience, internet has enough information with regards to learning how to trade thus creating opportunities for any newbie to sit down to research and learn, practice trading by demoing or via stimulation of trades until profits making is consistent before opening a live account.

Online trading requires a lot of discipline and can be risky if combined with an inexperienced decision to make the business journey of the stock market less risky one needs to have a lot of thematic and tips knowledge. To be successful as a trader it is important to acquire knowledge of how to pick stocks and use successful trading techniques. Trading depends on luck like gambling but experience and knowledge are required to know the exact information of the market if you don't become experienced, you will lose everything.

No, trading is not a something you can join today and start doing it right. Before you can start trading your coins,you must have the experience or knowledge concerning how to trade coins in a particular market not to wast your resources and time.
Many traders got experienced or knowledged from cryptocurrencies forum to enable them to become a good trader.

When you want to start trading there are lots of basic things you have to learn first you can't just start today and you will be expecting profit immidetly there are some basic things you have to know before starting to avoid lose of funds. You can definitely get signals from different sites but I think is better after getting signals you have to do your research more. Signals are drop by people like you I don't believe you should only depend on signal groups because must of them fail but if you really want to go into cryptocurrency and make money you have to learn some basics things. As a newbie you have to know the strategy that pays you or the one that works for you you don't have to follow others strategy what works for everyone is different. So as a beginner I will advise you to have basic idea before starting trading.

Trading without experience is possible but before taking the risk on investing your money, one should learn and ask first those who have more experience on it. Or atleast do a research on the cryptocurrency you wish to invest or trade. It's hard to just automatically jump on trading without atleast basic knowledge on it. If we don't have experience yet, we can learn atleast on others' experience. Trading is so challenging and worth learning though.

Surely anyone "can" trade because all it requires is an exchange and money which you are ready to trade. But will a trader be successful in trading depends on the experience and how much skills they have got. There are traders who have no prior knowledge, jump directly into leverage trading or futures and lose everything within minutes.

Now even such people will be called as traders even if losing traders and the good thing for such guys is that they learn with their mistakes. The real problem starts when you are trading for the first time but decide to go do it with all the funds you have. Even the most experienced traders are not going with full capital into trading so a newbie never should do that either.

One of the mistake I have done and personally discourage for newbies is to trade and invest with 0 knowledge. Trading, and even in investing to long term, requires proper research and application of studies to make the trade more beneficial and minimize the risk. There are a lot of learning materials to this which are available on the web. As a start, you can also try on getting insights from influential traders but we should also have our own strategy. Learn on how to determine optimal entry points and respect your exit strategies. And when it comes to experience, we should always learn from our trading mistakes and apply it on the next trades possible. Do not be discouraged on loss trades and accept and cut your losses. This is part of the game. You will continue to gain knowledge from your experiences and eventually be able to have the confidence to trade in a more efficient and effective way.

Involving emotions to trading is the biggest reason why people end up losing money, it is not a smart move to put that much money and faith into your feelings because in the end you will lose, there is no way that anyone could make any profit while there is something valid and tangible they could check but ignore. When trading people should be looking for something like TA, indicators and charts but some people ignore all of that and just buy it whenever they think "it should go up" and that's it, they read it somewhere or heard it or whatever and they have no idea why.

This is why I think crypto is too ballooned up right now and there could be a very terrible fall if these people start losing money considering they are acting with emotions when buying, they could do the same when selling as well which could be terrible for the rest of us.

Actually this is more specific for crypto trading because the market is so volatile and risky that an investment in a wrong coin might lead to damage beyond control while a small mistake like not using stop-loss can also lead to losses. Trading without knowledge and learning is like gambling because you are just trusting your luck and maybe being over confident with it.

Actually profiting in early trading is even worse because it either makes you overconfident in your skills which don't actually exist since you are new and just got lucky or it makes you think trading is easy money similar to how gamblers think when they win. Both of these will lead to bigger losses later so its better to have small loss early.

Yes they could but they should also know the risk of what they are doing,
They could still trade there are so many trading groups or signal groups that they could follow but don't expect that they would always gain from it.
They should also be aware of the risk of what they are doing and don't expect too much from it.
The way I see it if they don't have any trading experience or knowledge they are just picking up a ramdom coin and just waiting for it to get pump,
They would also struggle on their decision whether to take their profit or continue and if things didn't go that way they wouldn't have a cut loss point so they could really be in a big trouble.

You can luckily scale through by making some gains from it with no experience. However, to be on a safer side and avoid losing your funds, it's best to have at least some knowledge on how to trade.
At least using a demo account, can be of help. Or even browsing through the exchange also contribute.

trade without experience and knowledge as we learn over the ocean. it was very dangerous and very risky for heavy losses. so my best step is that we must have knowledge first so that we can learn deeper into the world of new trading and then the action of trading in real

This has been talked about several times and most replies will likely the same "LOSING" will be our ends.

But for OP, if you are willing to take the risk, wanted to venture your knowledge, and test your minds into a thing that you never know before, then have to try this.

We are giving you a piece of advice already and it's up to you to make a decision. Who knows that you were able to make a positive result despite the negativity you've heard.

Thats what you called that beginners luck when you do engage on trading and then it turns out to be profitable then dont get confident because it is really just the market
had coincide on the price that you had expecting on but it not really a good behavior to stick out with this kind of mindset.Practice and try to grasp everything because
trading isnt a thing that can be simply mastered or took grasp completely of a certain person.There's no need to demo though because real or live experience
will be much better to enhance yourself specially on the emotion side of things.

Trading without enough knowledge is like fighting a battle without any weapon, you'll surely lose. It still better that you'll know the importance of technical analysis so you'll have the basis for your trading journey. Trading is actually a long process of learning so the first thing that you have to do is to have the eagerness to learn.

In the absence of experience or knowledge, I think it's too risky to do. Unless you are accompanied by a professional to teach you how to trade. Because if you do it alone without any experience or knowledge about trading and you buy or sell currencies without thinking. That will be very risky, especially if you buy a large amount to invest.

Indeed, the long term is more convincing and easier to do for a beginner, but if it is done without knowledge, you will find it difficult to run later, unless you pay a professional to invest your funds. Knowledge to start trading is very necessary, so that you do not have trouble when starting it yourself. It would be better if you were accompanied by people who already have the ability and expertise in this trading field. Because from there you can learn how and the trading process to achieve profit (profit) and manage existing and future risks.

From there you will also gain experience. By studying, starting with a small capital first. Don't be afraid to ask questions, because someone will definitely help you. Don't take the risk of trading right away without knowledge and experience. Because if it's not because of luck, you will suffer losses if you start in that way.

Maybe, that's all from me. Good luck !

Trading is not easy to handle. Without experience and without knowledge you cannot able to trade in the marketplace. If try to without knowledge you will trade you will get loss. So before trade you will learn the trading information. Then easy to trading in the marketplace. Coin price is any time to increase and decrease. So you will know the market price. What time to increase and decrease. So plan to Daikin trade in the marketplace.

Of course, we cannot trade without knowledge. We still need at least minimal knowledge about the structure of the exchange, about how trading works, what margin trading is, etc. Nevertheless, we may well trade with minimal knowledge. In addition, it is well known that beginners and fools are lucky with a profit. But in the long run, most of the newbies lose money.

Without experience and knowledge better trading when bitcoin or some altcoin as your destination have lower price to make without risk, when you get coin really dump you begin have to buy and become your best experience how to get much profit although you less information and knowledge about some coin.

Well surely some knowledge would help like stop-loss and stuff, but when you're holding you're almost up to commit for a really long-term. I really mean really long-term.
As for your query, yes. If you're implying experience with other trading stuffs like stock trading.
In fact a fresh knowledge to trading would be great since your mind would have harder time to adapt from stock to crypto because those two don't work exactly the same.

there is no way else to experience and gain knowledge but to try it yourself but at least give yourself time to read and how it works. there are several tutorials out there that you can read. learn at least 1-2 indicators to help you decide in buying and selling. you may not be successful at first but you experience it first hand which is important than just asking someone to do it for you.

Anyone can do trading, it does not require trading experience and knowledge. But the important thing here is whether he was able to make money or not. If you want to make a profit through trading, you will need proper trading knowledge. Without trading knowledge you will not be able to trade for long as your entire fund will be at a loss.

When I was new to the crypto market, I came to trade without knowing much about trading, which resulted in huge losses. What I've learned from this is that if you go into something without knowing something good about it, it ends quickly. So I think it is important to know the basics of trading.

I agree on that i see that trading with experience will be a great advantage to trader itself, if we are going to trade without experience we are just like wasting our time and assets, i believe that in trading we need an experience to be more safe, because trading is not a simple work you can earn or loss a huge amount of pofit if you dont do it in a proper way.

I remember the story of my friend, who lost up to $ 1000 in 2018 while trying to trade without any experience or knowledge. So from my friend's story,
it can be concluded that we should never try to trade without experience and knowledge, it's just a waste of money. It's better to first learn about
crypto trading, now it's easier than ever to get the lessons we need on the internet.

We can use the google search engine or YouTube platform if you want to learn about crypto trading, or so it's easy to understand everything in trading,
can take online trading courses. It is much more effective because we have a mentor who guides you to trade. Because in my opinion knowledge
and experience are two important things in trading.

I myself have no experience or knowledge in trading before. I just understand the concept of buy low and sell high that time. I tried a small amount at first to get used to it, the failures I experienced became my knowledge on trading. Then I started to watch some videos like fundamentals to improve my skill on it.

I don't advise anyone to do what I did. If you plan to get serious in trading, you should have a proper knowledge first before doing this. Trading is a good source of income but it's not anyone can do because the opponent here is not just the market but also yourself.

Need more patient if you wanna try with trading and experience only is not enough because many trader although have three or four years in trading still panic when faced with price suddenly dump, they can't waiting while when bitcoin or altcoin back to higher price. Many time I see panic moment make you loss everything with assets do you have and you need looking other way to recovery your loss.

Yes, trading is for all, it is too obvious that money is ours and we can trade according to our preferences, with no knowledge and no experience, just read about how to execute the commands, we could have become a trader but if someone liked this, I just wanted to advise them to take money and go to the casino, what they are doing is just seeking entertainment, not for purposes invest and make money. Success will be indispensable for knowledge and money only more when our knowledge is filled and developed

Learning the hardway, from that point if he choose to continue.

Then he needs to do more research and not to repeat the same mistake, that huge amount of money if you are not capable losing, it will push you away from this venue of business, but in the other side, losing so much money will guide you to not to lose more instead it will allow you to build much better strategy and have a much safer trades.

Nothing will stop you if you want to trade because it was your decision and it's you also who take the risk (and lose). But if you consider the loss possibility if you don't have any knowledge in trading or even just the basic idea, you will surely not push yourselves I think.

Trading is just simple BUY and SELL, that's it but we never think that it works perfectly (or at least) if we don't have knowledge about this. In fact, even experts will suffer losses even though they have the expertise already, how much more if we don't have any? We are surely got that bad ends.

I suggest you OP to have at least the basic knowledge which is very important. We can learn it anytime on YT or solicit ideas from your friend, it was a big help and the start-up for success.

There is nothing like learning how to trade by yourself, many people want to skip that step and try to get signals and for the most part they unsuspectedly become part of pump and dump groups or they get scammed, it is better to take the slower path, it is not going to be easy but nothing that is worth it ever is, if you learn how to trade and you are able to create a successful strategy then you could even trade as your main job and improve your life that way.

Sure. Everyone can trade. You don't need "experience" or "knowledge" to trade as long as you know how to buy and sell. But, don't expect much. You highly likely won't be making any profit at all. You will lose everything and then this is how you will gain "experience". You will start learning from your mistakes and gain "knowledge".
So yeah, trade without experience and knowledge, but you will start by making a loss. You can minimize your loss if you try to learn about the market first but you will always start will zero experience.

Yes, you can actually trade without experience or knowledge about trading. Even much better also if you are a risk taker and you are willing to learn of course. I’m pretty sure you’ll learn fast about trading because you are  interested but if you just went with the flow just because everyone is joining the bandwagon then maybe you also have to assess yourself if it is for you or if you are willing to do trading.

It will be hard to trade without experience and knowledge because that is the point for someone to analyze and try to buy low and sell high. He will not be able to buy low and sell high, but he will buy the coin at any random price and he can confuse to determine the price to buy or sell. Experience and knowledge will be an important thing to analyze the coin movements, so when the market moves to any price, you can draw the chart and find the entry and exit points.

Well, trading without experience or knowledge is difficult but not impossible. The whole essence of trading is to be to analyze the market, buy low and sell high. So, if someone is able to buy low and sell high either by chance, luck or signals from a more experienced trader, such person has actually traded without experience.
Trading signals from an experienced trader has its own flaws but it is way better than just randomly buying coins and selling as you won't even know when to buy or sell.
The best thing any trader can do is gather enough knowledge to become good at trading so as to make the most of the market

Sooner or later you would really be realizing those things that you should must learn and telling to yourself that dealing with this market is really not easy or very hard.
You are right that once you do commit mistakes or lost up money then thats the time you would really be making some research and learning up things that you should
have done when you are just starting up but well experience is the best teacher as we all know.Trading without experience can be done but you can really tell the difference
between an experienced and noob on trading.It would really be noticeable and trading outcome would be the evidence when you do make out comparison.

Guess you want a trading signal that works for anyone without experience and knowledge? Well, I think something that is possible but I'm not sure if it exist.

You could however trade by yourself without the signal, experience and knowledge, but you'll likely not make consistent profits unless maybe you gain enough experience/knowledge while trading.  I would advice you take very little risk while trading to learn from experience.

Everyone could do that, they can get gains and profits as well but they are prone to losses and liquidation, it is like taking to war without preparation and without any firearms that you will be using in order for you to win that war. At first a simple trading plan can be really helpful it will help us to track our trades. Everyone should learn how to trade so we will not panic in our current market situation now especially this time where almost all of the coins are dump.

Yes, learning various indicators is important and what's more important is learning how the market behaves under what conditions. One thing I can tell to people who are new is about correction. At times when there is a strong bull-run going on, you will notice that once it slows down or stops, there will be a correction which will pull back the price by a small margin. Similarly there are lots of things you learn when you trade for sometime.

Altcoin trading can be risky and not much is there to be learned apart from technical analysis of the project which tells you how the project will perform in the long term and how is the scalability and longevity looking in long term but all these things can't still confirm the success since some owners will just stop working once they have raised enough money.

Trading without knowledge and skill? Well, it is a question by yourself if you can manage to accept the consequences, and I'm sure you know already what mean. Of course, we can still make a trade but the problem is how we do a trade if we don't know anything, maybe we should expect for the worse.

Anyways,
It is just you who made the decision, it is also you who will lose. But I would like for you to open up your mind and be guided. Because if you are aiming to succeed in trading, then make first to gain knowledge, do the basic learning, and most important thing is to make yourself ready.

Even while using indicators, we are not really there yet, we are not doing anything at all if just look at TA and trade accordingly. TA only says what market "should" do but that's it, it can't say what it will do, and I know that some people find that idiotic, but I still find it not enough.

I have talked about this to some TA people and told them when they think it will go down, Elon could tweet something and make it go up, or when you thinking it will go up there could be some government branch that bans bitcoin and it crashes. So long story short I have talked about this kind of stuff many times but they always said you can't make any move at all if that is the case because tomorrow we could die. That wasn't what I am trying to say, the idea is that we should not trade "only" based on what TA says, there are other things that we should be looking at when trading.

yes its possible to trade without experience but not with knowledge . knowledge not necesarily in trading but knowledge can be in general to understand the basics in life .
im not against the trading signals and groups but they should put disclaimers that what they are sharing are not 100% accurate because there are illegal groups that advertise falsely and only wants to grab money from the lazy traders and noobs in trading .

You need to have knowledge to have a chance cause even with it it's hard to make good decisions. But for my experience with people they learn the best by loosing money. Those lessons are hard to forget.

It's not as stupid as that. In other words, to hurt one's legs. This means that if you come to trade and do not have the knowledge, it can not be. My point is how to experience without knowledge? Not everything can be started with experience but one must have a minimum knowledge of the subject. Despite having enough knowledge, people are struggling to survive in the trading market. The term trading may be small but its scope is huge. Many people do trading but not everyone is a gainer. Adequate knowledge is required to become a gainer and gradually both good and bad will become experiences. But if you don't know, I think it is more likely to be a bad experience.

What you did wasn't that bad neither, don't be too hard on yourself, I have seen people who read forums and decide what to buy and sell that day, seriously I have seen very very noob people who have seen that bitcoin became super high, so maybe if they buy some altcoin and that did 10x return as well they could get super rich, so they check the news and some social media channels and they see some altcoin there and they think it will do 10x and they buy it, that is the whole understanding of those people do.

So, you understanding what you should do and testing and trying and seeing the losses as training already puts you above a lot of people. Honestly there are classes online for chart reading and I do not get why anyone who wants to be a trader doesn't focus their time there? It would obviously be something much more profitable in the end.

Yes, you can do trading without knowledge but it's just throwing money for me, I don't know if there is luck when you trading without knowledge and I don't think how did you know how to trade if you have knowledge of it.

Most traders that I have known were already aware of crypto and have a bit of knowledge of trading but they keep pushing themselves to gain knowledge on how to trade. Learning about technical analysis is very important and I think it will take for you to learn, we should learn the technical and fundamental analysis so that we can able to execute a trade with our own decision.

You can learn from different places such as articles, video tutorials, and even in a physical bookstore, or choose exchange sites that have a demo on trading and keep practice until you will learn because I believe that experience in trading will make you become profitable in trading.

Trading without knowledge will really be hard because you are doing just pure gambling for sure because you dont even know on what you are doing which means those things you've been doing are just random
or just simply basing on hunch or guts or intuition which we know that it isnt really recommendable because later on you will suffer huge loss of your trading capital because you do lack of experience and knowledge
towards it.Its pretty basic that things do really need to be learned first before on expecting some nice returns and not just heavily be depending with sheer luck because this isnt gambling but rather
be treated as an investment which basically talks about needing to learn all sorts of things first.

Yes they can. I will not call it trading. I'll call it buy and sell activity.
All they need is some money to deposit and an account on exchange. Then they only need to buy what coin/token they "believe in" and just hold it until the price up , and then sell it to get some profit. As simple as that.
With this repeat workflows, I believe at some point, a trader without experience and knowledge will do something to make their profits. Of course after ups and downs experience.

Actually, I believe that there are people capable of trading without having any experience or knowledge nowadays as long as they understand the mechanic of a particular market. I used to be an inexperience trader during 2016-2018 but still earn a hard amount of money.

The first rule in trading is to trust yourself. Then, markets will teach you a lot of experience.

And as you say, signals are also a good source of information we can use to benefit ourselves in absence of experience and knowledge. More outstanding, there are people who are sensitive enough that can trade by their feelings but still receive a good profit daily.

Signals for the most part do not work, to begin with because many of those that are giving signals would not do so if they could actually produce profits with those signals themselves, so the only option is to trade yourself but without any knowledge or experience that is going to mean that you are basically guaranteeing that you will lose your money, also trying to learn while you are trading may seem like a good idea, as many other activities are learned that way, but this is not true, you cannot afford to make mistakes that could have been avoided by reading the first chapter on a book about trading, so I recommend that you first learn from the books and then you use the experience you accumulate to improve your trading abilities.

At least the basics, in forex you really have to learn including the software that our broker is providing but its all the same now, they all are using Metatrader. In crypto, if you learn to use one platform at least you get to learn all until you realize there are better indicators that will help you decide when to get in.

Trading without knowledge will make you learn and with that said, losing enough money means you will be forced to learn. OR simply quit trading and find a dayjob.

Your own understanding will serve as pillar of your participation in any market that you decide to join in.

Trusting yourself and accept whatever fate comes after your entry would enhance you from time to time, there are mistakes that will happened along the way but with your determination to succeed, anything is possible, there are venues to understand more about the business and you'll be able to find the suited patterns to use, success ain't  guaranteed  while you are still in the process understanding every fundamentals but after that, chances to succeed is really high.

Unfortunately too many people end up not investing with their lack of information because they are scared, those type of things could be very difficult for people who were never good at mathematics at their school and let's face it there are way too many people who were horrible at math and that is why there is really too many people who ended up not really putting their money into crypto because they read stuff like what you wrote saying that they should know what they are doing before they get into it and they end up not investing into anything at all when they have no knowledge but the reality is that they should definitely be investing even without math knowledge that helps them learn these things.

This is why I think there is a very important thing people who didn't learn any of this, which is basically just invest and forget, they could do that and they could make a profit from that without any knowledge.

Experience and determination are the most important things in trading compared to just talking a lot, just wanting to know from other people the way, so it's wrong, still we have to have experience and failure to reach a pattern point that is understood in trading because I know everyone is different opinion in market analysis at their desired condition.

Even though I studied myself how to trade profitably, there must still be a disciplined pattern, that's where it must be understood and greed can also make us misstep when any move there must be a target so stop losses are ready when the market is bearish.

It is like going into an exam hall without knowing what to write. Yes, it is as bad as that. How can you start trading without and experience or knowledge of how to go about it. What lesson have you taken about trading? Do you even understand what trading is? Or what kind of Trading are you planning to start? All these questions are very important, and they must be answered before you can say you want to start and anything called Trading else, you are already heading for dome. I remember when I started then ,I took me sometime before I could mastered some of the techniques. But after that I became more confident and I started making small profit and today I'm still learning but not an amateur.

This is a good analogy and if I may add that you will be jumping into a fight where you don't even know the adversary and their tricks  :-X

The point is that trading without knowledge is dangerous, and it is an invitation to losing your money FAST. If anyone is planning on doing this, then maybe start with an insignificant amount that you don't care about losing but getting the feel of the market.

Indeed. How can start trading without we know about it first, at least we must learn basic trading knowledge, right?
Only a careless person will do it, trading without knowledge. Even you are a newcomer, you must worry to make a mistake, that's why you need sufficient knowledge. It is a very stupid idea to trade without knowledge, yeah like going exam without learning. This is something crucial to do, a basic thing that can determine what the result is on your trading.

Trading without experience and knowledge is like open the door of ultimate risk. Sometimes maybe you will win luckily but it will not come every time. A big loss can damage your career for a lifetime so the importance of experience and knowledge is indescribable. If you gather plenty of these two things then you can decrease the possibility of losing. And this can make your career better in cryptocurrency.

It's not the matter of being able to trade or not, of course everyone can trade but whether if they're going to be successful with trading or ed up losing a lot of money, that's what makes the difference.

You don't necessarily need to read all the books or articles about trading or technical analysis to get better at it since most of the knowledge you're looking for only comes with more experience, and experience obviously comes with trying out different stuff for yourself, but at least some basic knowledge is needed to get you started which can be achieved with one or two book/s about technical analysis and how market works, one of the good books about that which I can confidently recommend is "Technical Analysis of the Financial Markets" by John Murphy, which puts it as simple as it gets which makes it a great read for any beginner.

Really, trading without thorough knowledge is a grave for your assets.  I have a friend who doesn't learn about margin and leverage on ETH * 3 long, a one-night slide has lost $ 800 and even though his capital is $ 3k.  It caused serious psychological symptoms for him.  That is just a real-life example.  Any, investing, trading, exploiting requires knowledge, research before and carefully!  Nobody wants to lose money, right?  Choose crypto exposure by the smartest method!

From my point of view in practice, anyone can trade and make profits based on computation, luck and green market cycles.  But clearly, in the red zone around the highly contradictory psychological threshold of the market, without the experience, knowledge, strategy and response plan.  100% will fail.

Without prior experience and knowledge the investment will be highly risky. Now many crypto influencers are talking about Bitcoin and its investment and influenced many people to invest but they blindly follow the signals. majority of them end up losing their money. So it is better to have some background knowledge to initiate the investment and gain some experience by investing less amount of money.

Skill is actually a product of learning which come with experience. Altcoin market is already so unpredictable and if you don't have experience and the right knowledge about it then its almost certain that you will end up being a victim of a pump and dump scam or maybe buy some shit coin. If none of these happens, there might be a situation when you panic and hence lose a big chunk of your capital.

I would say that trading without knowledge and experience might succeed if you are only trading in BTC/fiat pairs otherwise all of the markets are really unpredictable and there is no assurance of long term value in case you hold a bad coin for too long, you are gone.

Reading is essential, it gives you ideas that will allow you to anticipate. There are so many factors to consider while dealing with this business. But your point are valid, you don't need to read a lots of books which will only cause confusions, but having the  basic and
try to keep enhancing it while you are still aorund will surely help.

Just like going to a war with a gun and a bullet is far better with just bringing a knife, though both can kill but the advantage of holding
a gun with bullets is far better than the knife.

Simply apply with trading, everyone can trade but without the proper tools your chance to get busted and lose your money is very high.

I believe that everyone know what trading is, but not all of them are experienced people. The purpose of this activity is to make a profit, and this is where knowledge is needed. We don't have to be experienced to profit from trading because without experience one can still profit from it just because of price fluctuation. But yes, experience will make them better at doing this activity and it will be very useful to prevent or minimize losses from trading risk.

Knowledge is needed to judge and experience is needed to make decision. Both of these things will really help a trader to make a profit from trading.

Everyone newcomer can trade. But trading with a small amount. Trading is not an easy job. But it is not impossible to learn. Everyone can become a good trader by practicing. Experience has taught man a lot.
Man makes many mistakes without knowledge and experience. So, don't lose hope and keep trying. One day you will succeed.

in fact, everyone who makes mistakes has a corresponding experience. it is very good if a beginner learns not only from his own mistakes, but also from others. a beginner can learn a lot of information from various youtube channels, but only in practice will he be able to hone his opinion. I always advise beginners to use scalping for trading, as it is one of the easiest strategies for trading cryptocurrency, and you do not need to have a large start-up capital.

I don't see for scalping to be the easiest way of trading knowing that you would really be engaging with the market on an active manner which means
risk is more higher compared to those who decided up to hold up their position and wait for pump instead.

Trading without knowledge is really something that you cant really go from nowhere.You don't have any basis and just purely relying on luck
or good calls but for sustaining yourself in the market then this is impossible

Think of it that even experienced ones do lost up, how much more to those who aren't?

Although there are many trading signals today, which can help make a profit without experience and knowledge, but still the knowledge of crypto
is much needed by traders. This will not make a success for a trader if it relies only on trading signals  only. Because not  all  trading  signals help
a person succeed and not all trading signals are 100% accurate.

I am pleased with what you say about the experience and failure to achieve an understandable point pattern in trading. In fact, I really underline about failure, usually people who learn from the beginning and experience failure will make it even more resilient in the future. the experience of failure will make us better prepared not to fall a second time into the same error hole. that's where the ethics of learning is so that we get to know the abilities that exist in ourselves.

Patience and discipline to continue to be applied in every step of what we will do and do not be too greedy with what has been obtained because greed can also blind yourself to the situation. learning will never stop to strengthen self-confidence.

Trading without experience and Knowledge is quite hard. You need at least one of this.
There is 2 kinds of people.
First movers and fast movers. If you can't be a first mover than become a fast mover.
Learn and gain knowledge daily. So that you can over the lack of experience problem.
So you need at least knowledge.
Otherwise everything will depend on luck.

If you don't have any experience and knowledge about crypto. I suggest don't invest your money. You can invest small amount for known about crypto.

I don't think it's right to do anything without an idea. Anything you do will lead to destruction. So decide what you want to do first and get the right idea. Come and benefit.

That should be the common sense decision for most people and yet that is not what we see, you need to understand that people are lazy and they do not want to make the effort necessary to learn how to trade by themselves, they believe they can take shortcuts and we know this is simply not the case, if you want to earn profits there is no other way but to develop your own strategy and if you do not want to do it there is no problem you just need to avoid trading completely.

But it is possible to trade without experience, just like most of us here when we were just starting in crypto. But you can minimize your losses, if you use only small funds as you are gaining knowledge how to trade with crypto. And I am sure, some of us, lost some money when we were just starting. That's when you gained your first lesson. And whatever technique you acquired, you will carry it when you move forward. So don't be afraid to make your first crypto trade. Just use small money to start with.

Most of the traders are popping up in this season. The reason they see some news or gossips and see that these crypto investments are easy way to become rich. In other words, they are thinking this is easy money. Those are the guys who lose their money and then scolding crypto is a scam. Any trader or investor should have basic knowledge about crypto. Trading is a psychological game. You wouldn't be able to make any profit without knowledge. Sometimes luck will give you chance but it's not working for every day.

I think it's the same as gambling, when we try to get in without doing research we'll never know the direction of movement. it takes curiosity about some of the trading terms that exist inforex, such as reading support and resistent charts as well as some additional indicators. Some of the signals we get from telegram channels are not entirely accurate we have to keep doing analysis according to us personally.

Trading without experience is a bit of a conundrum because how can you get an experience when you don't trade so I would say that trading without knowledge is a bad thing because you might encounter preventable situations if you have a knowledge of it but that can easily be solved as you can just read books and advices about trading.

Of course you can trade without experience and knowledge. It's simply either BUY or SELL. But if you want to achieve consistency profit in trading, that will take many years of experience and knowledge. Furthermore, it depends what sort of strategy you want to use to approach the market.

If you prefer more aggressive style of trading, then go for technical analysis and look for speculative or naked trading (Most newbie starts from here).

If you prefer more conservative style of trading and risk diversification, then go for hedging strategy which needs more math approach. You have to familiarize yourself with Delta, Gamma, Volatility etc., how to manage your daily position and profit mainly derive from market volatility.

Before I can trade without realizing my profit if I will still hold unto that money, many of my coins before are now on the moon if only I learn how to trade and I study first the market before , it is really hard to learn different things in trading because we can be wrong sometimes and experience losses but still this will account and considered as experience so let us study the market now because this is the right time for it.

This market is truly capricious and on the off chance that you do truly prefer to support yourself or being fruitful, you would truly be requiring these stuffs. Experience wont be acquired until you connect with or exchange up and abilities wont be form up on the off chance that you don't excited yourself to learn and obviously those would truly. Exchanging has a ton to do with perusing and understanding the diagrams, had the option to decipher it to anticipate the heading of the market at any rate increase of the time and not simply betting on the bearing the market is probably going to move.

I have very little money now you can give me any tips on how I can invest

It depends. I believe all people same as you including myself. I know the existence of Bitcoin since 2013 when that time we only mine with Asic USB miner. I bought 2 and started to mine but gave up because at that time, those new machine keep coming and anything you bought will depreciate very fast before you hit BE. I put almost USD 5k to buy about 48 pieces instead of mining at the price of around USD 110-120. I sold everything at USD 980. I am already a millionaire if I just leave it. Nobody can predict future. All I can say is trading is not as simple as BUY or SELL, both have different definition between TRADING and INVESTING. You need a lot of skill in trading, you just need positive outlook if investing.

When majority on buying frenzy, you don't buy. When majority scare to buy, that's the time you want to buy. Whenever there's a trend in BTC, newbie wants to hop in regardless what's the price are, but in fact they are already late to ride in. I remember the last trend from 6k to 7k, up to the moon to 20k, the crowd start to become crazy getting in. The price goes all the way back down and range at 10k +-. If like few k to invest now and you have positive outlook on Crypto, I will say build your own small rig and go mine Ethereum. You are more likely to go BE at 6 months +-. After BE, you are printing your money with the machine. If anything goes wrong, you can still easily cut losses by selling all those GPU. Forget about short term trading, it's not suitable for everyone and there's no easy money in trading.

Knowledge is indeed can acquire before starting your trading activities.

There are many ways to understand and how to work with trading business, you just need to seek for available information as it have a lots of venues espcially now that internet is  widely used all over the world.
Do your research and start moving forward, you'll be able to  see if trading is good for you, who knows what might be the outcome till you try  doing it.

You can always trade without a proper knowledge about how market works but it doesn't usually end well, without knowing the mechanics of the market lowers the traders success of getting any profit with just buying and checking if anything comes out of it is the worst case scenario on traders, because it can be considered more as a gamble than trade since you buy hoping only on the chances of it going up not considering the factor of when will it go up or when should one buy.

I did it when I started hearing about cryptocurrencies the first time and it did not end up well, the reason is that I constantly check the markets movement, and the feel of regret every time my assets goes a bit lower is preventing me to gain any profit at all.

It is common for newbies to lose. It has to happen because everyone got into it and everyone have their own start. And when we're starting, we lack of experience and knowledge but as we move on and go forward. We're gaining those things when we continue.

That's good and you can trade now without having a worry of losing because you can execute your trades correctly and you can decide for yourself.

It really seems to me as if people are completely oblivious to the nature of the markets, maybe if we use an example people will more easily understand, suppose two people want to run a marathon and one person trains during 6 months to be able to run the marathon while the other person does not, who do you think has a higher chance of winning? The one that trained of course, people need to understand that they are competing against traders with years or even decades of experience and if they do not want to have such a huge disadvantage they need to learn otherwise they are just giving their money away.

Luqman, avoiding trading is the best possible solution for some people...after all trading is not for everyone! No matter how much some people try, they will always suck in trading, and that means some people will just lose money and it's better for them to not get involved in trading! For some people simple buying & holding is the best possible strategy!
We all have to start somewhere! At first, without any experience, with things we learned around (at least people who do at least some research before they join), it's on us to try and see how it goes for us!

I think without knowledge and experience it is like gambling. experience, psychology, technique, must be present in the trader. with this, traders can survive in the world of trading. different from gambling, I don't think they can last long in the trading world

Honestly you are sort of wrong. You "can" trade without experience and knowledge but that is not people are asking or discussing here, they are not really profiting if they trade without any experience or knowledge so what you are saying that "if they have access to a computer and an internet, and if they can read and write, that means they are capable of starting an account and trading", do you really think that could be the thing we are discussion here? The "ability to operate a computer"? Could that possibly be the situation?

Trading without experience and knowledge is something that will lose you money, you will not profit unless you are very lucky and that is why I think people are looking to profit from crypto by learning how to trade first. I believe it is going to be a tough situation if we lack everything and still trade just because we "can".

Experience can be earn, but knowledge is a must and every newbie needs to know what they are doing before they start trading. It's a risky activity as it involves money and anytime you may lose if you don't pay enough attention on trading, long term trading and short term trading, both needs the require knowledge but short term trading demands more knowledge in order for a trader to succeed.

There's no absolute answer for this question. I believe most people think the same way because it's just simply BUY or SELL and as long as you have internet, that's easy. When you want to achieve profit, they thought simply buying a course from internet and they become expert in couple months time. I am 15 years in financial world including stocks, bond, derivatives, CDS, CDO and my best expertise in Exotic Options and Structure Notes which most retails trader didn't even heard before. Most of my friend always ask me the same question and I always will give 1 advise, don't even try unless you are willing to put 5-10 years in before even thinking about consistency profit. You are consider great if you can in BE position after 3 years of trading. Simply think this way, a professional trader earns more than a doctor or lawyer. Do you think they can become a doctor or lawyer in 3 months time? Sorry for telling the truth but that's the real situation in trading world. You are going a battlefield against all other experts with far more experience and high-technology equipment, never think it's easy to get into trading if you are not going to put in a lot, I mean lots of effort.

Asking can someone? Yes, of course. All are welcome either you have knowledge or nothing, as long as they wanted to be in trading.
If you only want to easily get rid of all your money, this is the best thing to do. You can't expect good for that situation but all of the big losses. And people just have to know the consequences before they tried it and so no regrets to happen after.

Everyone are free to whatever they've wanted to do when they enter this business,
with or without experienced as long as they can read and follow the exchange rules
and regulations they can simply proceed and start dealing with their trades.

Expect that Regrets will come after  losing their invested money, that's reality to those who did not do their own DYOR before entering the market.

Depends from how you see your own potentials, the business is really wide and there's a lots chances to everyone.

Impossible, but once or twice maybe it's fine but not forever, because over time you have to understand everything. In the past I was only required to know how to buy and sell simple at the beginning regardless of price trends at the same time and it did go smoothly, but after realizing there was a good price trend for buying and selling, I realized that the trades I did at the beginning were wrong and no profit at all but only the return that loses. So for me, it is impossible for us to take in trading if you do not have knowledge, because at least knowledge is the most important thing for you to eventually build experience.

Of course, trading just about buying and selling so once they know how to buy and sell, they can easily follow the trade signals given to them, but tbh following those signals won't get them anywhere they will be stuck at just buying and selling phase and won't be able to do an F.A to make their own trade decisions, so having knowledge and experience about trading us very vital, after all the trading signals might stop coming someday and you only have yourself, so it's much better to trade and have the experience than trading with those trading signals.

You are absolutely wrong with these thoughts Because if any traders don't have knowledge and experience, they were definitely no
chances for them to earn nice in trading. Where did you get this thought? Trading has no difference with the students who study to learn a lot of things to feed knowledge. And in every mistakes, I know for a fact that we always learn from it.

I think trading without knowledge and experience will only make us lose a lot of money. Because the percentage of successful trading without
knowledge and experience is very small. So don't ever trade before making preparations, therefore most people who fail to trade because they
don't know how to read the market. Now it is very easy to get knowledge about trading, there are lots of videos on YouTube that teaches how
to trade properly.

I wouldn't so bad to get a bit of experience actually after learning just a bit of how things work. I wasn't very sure of what I was doing back then until I tried buying coins and then tried selling after a day. Watching the youtube tutorials can help, I', doing it myself up even today I still watch videos on youtube and learn from the guys in crypto who do a lot of vlog analysis to the market. They are sort of giving signals for their fans.

Better to learn it by yourself than relies with someone as like what you said that it will stop

sooner or later, and not all or more on that signal providers ain't going to work. You should

do your own research and study before taking this business as venue or additional sources of

income,. It takes time, but you always have everything if you'll seek deeply and have the right

attitude towards your goals.

Everybody has to start somewhere so, Yes, anyone can start trading without experience

Also remember, trading is not for everyone. You need to control and weigh fear against greed all the time.

I would recommend to start trading with Morpher.

Why?

1. You get 100 MPH tokens for free (real tokens). They are worth about $4 today
2. Their trading platform is very easy to understand
3. You can trade with a real account (Many people prefer to start with a demo account but you cant learn about controlling your fear/greed in a demo account)

It was a total risk taking without any reason to hope for a good return in case because in trading we are all depend on our skills and knowledge on how to deal with it. Though an experience may only gain if you will try it out first because we as a newbie trader did try it without a proper experience or either really had an experienced already right but what we have on our first landed on trading as a weapon was our knowledge about it, and how to deal with it and so on.

You can start trading without knowledge or experienced but you need to learn some basic because how you will trade a coin if you are do not have some knowledge. Having information and knowledge to the trading is your advatanges to know what is the coin that is good to buy and what do avoid a coin and the market possible price and the others once you have it you can increase the possibility of earning money.

You can trade without experience because every trader you see today starts one day. However, you cannot trade without knowledge. You need the knowledge to know the functions of trading tools and how to make use of them in order not to make trading mistakes. It becomes simpler especially since there are many crypto trading demo account today where you can practise how to make use of the tools to trade. In conclusion, as long as you start trading with the knowledge and understanding you have learn, with time you discover that you are making better decision. This is because of the lesson you have learnt that is further regarded as an experience

That's truth, I wanted to just correct that "clicking buy and sell" is not the question here, that is not what is being asked. Just like you said trading requires a lot of time, I do not know how many years or so, thankfully I have been only trading in crypto and not traded other things too much (just a bit of stocks purchased but that wasn't trading, I just bought them and hold them) and I can say that I have been quite successful since early days because all I do is just buy and hold, that's me, I do not trade.

If someone wants to day trade for example, you need to be spending a lot of time to learn and just like you said it is something that takes over ad decade to be consistently profiting from it. Hence, I think "anyone can buy and sell as long as they have a PC and internet connection" is not what is being asked here, that is obvious and nobody would ask that.

In my opinion, it is highly recommended to have sufficient knowledge before trading because trading is full of risks and knowledge to minimize the risks that will be faced.
and that experience will make you more careful not to make the same mistakes about your losses, analysis is needed to choose the right and profitable coins to trade.
I prefer investing over trading because trades other than being risky have to be done on a full time basis.

Agree, we have no experience when we are just getting started but at the very least, we still need to have the right knowledge for trading, rules, shares and analysis and where to source the signal, without one, we still need another to start with, everything can be learned gradually but nothing in the first place, this is just a waste of money. Many people are confident and think trading is a simple but realistic game, failures and the losers are just piling up over time, many experienced people can't keep their money either, don't talk about an outsider and know nothing, failure will be very fast

With out knowledge not easy to trading. Trading is not easy to handle. So Frist you know the trading information. Then start the trading process. Market price any time check. So know the marketplace price changing time and how to increase market price. without experience and knowledge not handle the trading. If try to start you will get more lose. So wait and learn the eventing then starts. Then easy to handle the any trading issue.

Exactly, it seems that some people believe that if you train and you study you can perform any activity that you want and while I would like to believe that in my experience that is not true, there are some people that no matter what they do they are never going to become good at a particular activity, and when we take into account that trading is in fact very difficult and that no only you need great knowledge about the markets but also you need to have mastery over you emotions then there are some people for which the best option is to never trade.

For trading you can have all knowledge but if you can't control your emotions it wont work out for you. Emotions play a big part how much are you getting from trades. It's good to have it in control.

Yes, investing and trading has different definitions, unfortunately most people couldn't differentiate it. When buying and hold, you just need to have positive outlook on certain products, that's call investing. I am pretty sure the question was "Trading without knowledge and experience" instead of "Trading Profitably Without Knowledge and Experience". So I think I gave the most nearest answer which is, "Yes, as long as you understand what is BUY and SELL, with internet connection, then you are good to go". If someone with common sense and really serious for getting more in depth into trading, this is not the correct question to ask. This question is similar to "Can I fly a plane and become pilot before going for my PPL or CPL License". You can't fly a plane without PPL license but you obviously can simply click BUY and SELL without knowledge and experience.

As a newbie trader we are all came from scratch, without ann experienced but i guess the knowledge about what you're trying to pursue with should be there. No one started as a pro trader, we always start from the bottom but we should know first the basic of trading, how to trade and the other many how's that we have in mind could only answered through the process. It might be risky but every successful trader did take the same risk as what trader serve to every newbie.

I agree on that everyone always start as a newbie and nobody here become an expert without taking a risk on trading without  expeience. The only thing we need to do as a newbie trader is to always trade a small value coin or token for you are still in a learning stage, because trading in big asset without any experience may result to lossing so we need to be wise.

What you are mentioning is a recipe for a disastrous and debt-ridden life, knowledge is power always remember that and experience is what shapes you in that career which can resolved by trading itself, having no knowledge though will make you do uninformed decision and most of the time stupid ones that will cause you some money. Always learn and gain knowledge, experience can be acquired through doing the thing but doing without knowledge will be difficult for you to gain experience, they go hand in hand.

There are differences from the starts as well, that is what some people do not realize. There are people who have been in the finance industry for decades and they start in crypto world and yes they learn, the examine, and they get better as well but they do that basically with putting less time and just using their experience into it, that is why it is not something that would be suggested for others to do like them, even if they advise you to do something, you should do 2x of that because they think it is simple whereas it is not simple for people like me.

I have spent years upon years getting better and I am nowhere finished getting better, I am still not there, I am profiting now but I spent countless hours becoming like this, why? Because before this I wasn't even good in math, now I am a bit better in math thankfully but it was really a big task to get here for me.

trading without experience and knowledge will only waste money. trading has a mysterious scheme and we are required to be smart in doing analysis. so if only hope for luck I think I will lose, and it is necessary to leave. there must be training and experience in trading

I think that should be always start with a small capital. If you want to gain experience, you have to experience what real trading is but if not, there are demo accounts that a newbie can always choose just to have the touch of trading and how it looks like and how it goes.

Big asset, you mean those coins that have huge market caps? a newbie won't have that much already as they start and they're fine trading those big assets you say as long as their capital is tolerable.

Trading without experience is just a natural disaster. Fingers will burn over and over again. Learn the rudiments of trading and be conversant with both fundamental and technical before jumping inside the train, all these take a minimum of 2 years to be confident.

Emotional control seems like a skill that is not really that useful but when it comes to trading is critical, I have seen many times people with a strategy that in theory has a chance of making profits on the markets but when the time comes to use their strategy they get cold feet and they do not do it, basically they either get afraid or too greedy and the trader is unable to close his positions or open new ones when he is supposed to do it, and without that emotional control no matter what strategy you use you will lose money.

That's right, if you have no knowledge and no experience that means you are swimming with the sharks with no cage and very hungry sharks as well, in this case more like whales. If anyone wants to make any profit from trading they have to realize that the best way to do it would be to learn, learning will provide you with a lot of profit in later stages, one way or another, it might be very quick or it might be very late but you will profit from learning and that takes time, there are no shortcuts, there are no ways to just learn a quick scheme to make money, you have to actually spend time to learn.

After you learned, you start trading small time and you gain experience, the more you trade the more you profit and that is how you profit. That is why both of these are very important for anyone that wants to make profit from trading crypto currencies.

As a newbie trader i know that we are all came from scratch, without any experience about it. But of course as a newbie, we were never going to enter in a battle withouth any knowledge about it, about trading. To be able to teach ourselves how to trade we were going to engage in a battle where the only weapon we have is our basi knowledge because expertise and skills will only be gain through the process, there's no other way than taking the risk to be able to learn.

Correct as even those who already have the experienced still suffer from the same thing,
they plan ahead of time and thinks that everything will work accordingly.

But when the time the market move either favored them or against them, the plan just simply forgotten due to greed or fear, that
same thoughts simply lose their opportunities to enjoy their potential success.

Being a beginner and trading without experience will certainly be very risky to lose
. Trading requires at least basic knowledge of trading. Some beginners who ask me about trading I aim to learn the basics of how to trade because it will be very helpful even though they don't fully understand the analysis and fundamentals.

and Greed is also a problem for some people not just beginners. When the price starts to go up high forget to sell at its target and immediately raise it. and in the end the price continues to fall and continues to fall, sorry in the end.
Planning when trading must be strictly followed, selling some coins when it is high and setting aside a little is the right way.

Plans must be carried out and adhered to. However, some plans are not what we expected.

I think this is the step 1 and step 2.

Everybody starts without any experience, that's why he start to do it to gain experience. Second is knowledge, while you are doing Trading, you're learning how it works, you'll be curious about how you'll make profits on it therefore you search for the solution to solve that problem. So yes, anyone could trade without any experience because that's going to be given in the process of getting to the part where a certain individual will become a professional trader.

That depends on the trader. If he's confident enough and can prove himself even with having the experience of less than a year, it's his decision and there's no such requirement that's being required if it's about the experience.
As long as the experience that a trader have is a long and valuable one, there's no one that can stop them from doing what they want even with less than the year you've said.

Really usually more particular for crypto exchanging since the showcase is so unstable and hazardous that an speculation in a off-base coin might lead to harm past control whereas a little botch like not utilizing stop loss can moreover lead to misfortunes. Exchanging without knowledge and learning is like betting since you're fair trusting your luckiness and perhaps being over certainly on it.There is need of knowledge and experience before starting trade.

Trading signal groups are scam so don't get deceived, almost everyone knows how to buy on an exchange because that is how they used to have their first cryptocurrency or atleast it can be learnt using simple Google search.

If someone wants to be a regular trader then they need to have skills on analysing the charts and back-up plans if they lose their capital.

Trading without knowing is big trouble it's like you are giving money to the trading website you are using I think no one would like to do that. If you make a trade I think it's giving you knowledge or experience. If you fail you learned. If you succeed you learned. Well, it costs too much if you just want to earn experience. One of the best ways is still to increase your knowledge every time and don't get too much to settle on those simple things you have.

Some groups of signals still offer useful value and I can refer to the information from there, they have more in-depth technical and experience support packages but I have not participated so cannot talk about quality and efficiency, don't be fooled by a handful of bad guys and judge all other groups as similar, here's my edit. Even we don't need chart analysis skills, we just need to analyze the basic information, master the factors that can change the market, we can become a trader but requires more profitability and professionalism, experience is essential no matter what we are in any industry or job

I highly agree with you mate what i mean is we are all came from scratch as a newbie trader even the pioneered trader or the highly skilled trader was once a newbie where no experience they have. It is acceptable the fact that an aspirant trader enters with no experience but entering trading without basic knowledge was like going in a was without a weapon to protect yourself from damages and lose. We as a trader our knowledge will be our primary investment when it comes to trading.

The best case scenario for anyone is to have someone to teach you in person, however how many people are going to have a friend or family member that knows how to trade? Very few I guess, so we have to learn by ourselves, it is really difficult because as we have seen the majority of traders lose all of their money in a single year, but if you can learn enough about the markets and you have a significant amount of emotional control then it is possible that over time you could become successful in the market of cryptocurrencies.

Signal groups are both a scam, and not a scam at the same time. They are a scam by logic because they have done nothing that would provide proof of profit because they are dealing with "signals" which is just basically indicators hitting right points, and that is not a guaranteed way to make money, it doesn't mean that you will profit, which is why there is nothing we can do with signals that guarantees profit in the end.

There is a situation where we will end up with people who mean "good", they could be good people who think they are doing the right thing, which is why I say they may not be scammers, but the reality is that if they are not doing anything that scams others, but doing something that promotes a chance of profit because they believe in it but still fail to provide profit, they are just unsuccessful people and that's it.

Trading without experience is normal. Experience is a type of practical knowledge. You have to start trading first to gain experience. But, Knowledge is very important to start trading. I think trading without knowledge isn’t good decision.

Like it's always said that knowledge is power, someone who has no experience in trading but has gotten enough knowledge about trading can actually kick start and make out profit, with no knowledge the experience has no effect because same thing will keep occurring because of ignorance, trading with no knowledge can actually lead to loss because lack of knowledge will eventual make a trader not know when to enter and when to leave tho a trade might trade based on luck and the recent experience he had but it might not always go at his direction most times the reverse might happen and cause him alot

You may be right, but not in a case like this, when it comes to trading cryptocurrency you are first of all going to need knowledge before experiencing. You don’t just wake up and hear about cryptocurrency, and then you hop on it and start trading without at least doing some research that will be helpful along the way. So for me, knowledge first before anything you want to do, then experience follows, with the knowledge your first experience will be better than someone without knowledge.

Basically you can’t do something you don’t have good knowledge of perfectly, before you’re going to be trading and doing it perfectly you will have to have had the experience and knowledge, without those two things it’s just going to be like you’re gambling for luck since you’re not sure where you’re heading to, you’re just trying and wishing you would win. I have not tried things like this without doing some research on Google or asking a friend for help, it’s really important for anyone to do.

It is important to have experience and knowledge about trading when it comes to trading. Because you can't stay in the market for long without experience and knowledge, you will lose your money very quickly as a result of trading in the wrong asset. When you do not understand the movement of the market, all the trades that will open can go in the wrong direction. I think it is risky to do short term trading without experience and knowledge about trading.

Of course, a noob can trade even without having knowledge or experience of how the market works, all they have to do is to follow those trade signals of when to buy or sell and they will be good, but having knowledge and experience on how to forecast a trade is more vital, cause following those trade signals will only make you stop at noob level forever, you won't be able to make your own trading decisions cause you only follow the decisions made by someone else, that's why learning and having knowledge about trading is alot more better.

There are two different kind of groups, legitimate signal groups that are not looking to scam you but that cannot possibly give you profits as it does not make sense for anyone that has a way to profit from the markets to share that information, and the second group are those that make it seem as if they are sharing signals but that are in fact pump and dump groups, and those groups are without a doubt 100% created by scammers as they have bought cheap coins way ahead of time and then recommend those coins to the ones that follow them and then dump those coins on them.

I disagree, it is not everyday at the start of your trading career that you are going to profit every day, there will be days that losses will incur and there will be days that you will be bountiful. Also worth mentioning that when you start to trade and you are confident that you can risk bigger capital then you have to do it because there is no other way than just going in for the risk and do your best.

I think now many discussion group on social media like telegram channel and facebook group where trader can ask everything about new or old coin worth for investing, but still any time where have to check by our self which one coin good for investing and trading. Many people do not know about new coin listing and buy without check before good or not for investing on that coins.

Nice way buy on dip or lower price than holding and wait when price going up to sell, almost trader or beginner understand when bitcoin dump altcoin dump so without any experience and knowledge they have understand when good moment to buy and sell bitcoin or altcoin, just check about some trader panic when buying coin after see good or higher price.

There is a lot to consider when predicting the price, It's not every time that bitcoin dumps, altcoins will go dump. This can mislead newbie traders out there reading this. There are times this year that many altcoins stay on their prices and some pumps when bitcoin dumps. It's way better to learn how to properly trade than to rely on predictions that have no basis.

Some channels will claim that they have experts who will trade on your behalf and charge commission from you but do you really beleive them? Trading is not an easy task and sometimes people with knowledge and experience also loose in the market and you are talking about newbies who have just entered this highly volatile market.So try to learn first and then enter the market because there are scammers always trying to fool you and get away with your funds and then you will regret afterwards.Precaution is always better than cure.

That's exactly how important it is to enter in trading equipped with such a basic knowledge about trading because no one enter trading with so much knowledge. Your experience in trading and learning much more about trading can be done and can be acquired while you're on your journey.

This should be the first and foremost a must knowledge that an aspirant trader should have before they were getting in to the real trading industry. There so much possibilities may happen especially the possibility of losses if the aspirant didn't have a basic knowledge about trading.

- Warning is not only posted a few times, it's regularly given out by lots of good people like you but perhaps many people feel the learning path is too boring and time consuming for them, instead of seriously sitting at a computer and learning techniques, laziness only brings them to signal groups and pays to receive the manipulation of others. Worst of all, they have no knowledge and experience, their intuition will not point out the risks in each signal they receive, sometimes they don't follow directions and like to be independent from the market, a little chaos happens and they burn assets

*I will make it easier. trading without knowledge and experience = like you are playing slots based on luck...
It has been repeatedly said that at least you must have basic knowledge of trading, you can easily learn about trading on YouTube or Google. take advantage of the facilities that are available today and don't be lazy to learn.

Well common mindset of some newbies would be where Bitcoin dumps then alts dumps the same way. They'll buy the alts, but then that alt really dumped really bad loses its value.
Now newbies would realize the meaning of shitcoin that time.
There are indeed some pumping but mostly from hypes.

Obviously he can. But just take an example for your exam. You go for exam without any kind of preparation or any kind of study in this whole semester then what do you think you can't write anything in the paper. You can by doing some tricky tricks like asking some friends or by writting some wrong answer. But if you were going with full of preparation then how your exam done. Obviously better than previous one. So now if you think about trading like this then you can also br that much successful. But for your higher success you need higher preparation.  So i hope you understand it. Our suggestion is first try to learn then apply by your self for testing perpose with little amout then try to take risk. Remember no one can be successful without learning. So learning should be our 1st choice before thinking about earning.

Even a guy buys a good coin but he don't have knowledge about it, he's buying out of his luck.
It is a case to case basis but it is always advisable that a trader should at least help himself by making research to satisfy his buying decision.

The case of good coin is only needed when we plan up for long-term holding. Because bitcoin is a good coin but if you are buying it in the bear market like by the times of early 2018 will definitely lead to losses. So, knowledge definitely plays the bigger role here than what possibly our luck factor could lead us. I mean whether it will be a good coin or bad coin, if you are buying at the right time out of technical analysis and other information then definitely it will lead you into big profits.

Honestly these days we are having lots of resources to learn but in my opinion most of my friends are feeling lazy to learn but they want to make easy money out of crypto trading. When we are not ready to give required efforts then we cannot expect any good returns out of trading which will be true across all markets.

Traders should understand first that trading is different from gambling, a lot of traders are mistakenly that trading is pure of luck wherein they will just buy and hold it because they "think" it is the next big thing. The truth is we cannot become a profitable trader if we are not focuing on earning knowledge and also experience. It is better if we will focus on gaining information first befpre putting money in some exchanges. The reason why there are only few people who became profitable in trading is because they are focusing on gaining profit than knowledge first. It is also takes time to become master in specific strategy so it is better if we have patience and also have persistence to learn.

Knowledge and skills are the vital things we need to acquire before trading. It is a kind of preparation that we never have to forget otherwise, we are just only throwing our money out of the pocket.

But it is to understand that knowledge and skills can't learn instantly, it needs time and effort to develop. If we wanted to see passive trading outputs, we will have to work hard on it and consider all our mistakes as a tool for us to improve and to knows which areas we have to focus on.

Depends on what kind of trading you’re talking about. But it’s necessary that you have a good understanding of what you’re doing, because lack of understanding means you’re going to be suffering from losses on a regular basis. This is not magic, so you’ve got to have the knowledge, and not trying to gamble with the options you have, when it’s clear that you have no clue about it.

There are so many things you will have to do to be good at it and the first is to learn technical analysis. Technical analysis will help you have a clearer view of where the market will be heading to and all that.

Trading knowledge is one of the most essential things we need to consider even though scrolling to social media sites contains information about trading tips and different sources this will consider as trading knowledge so everything you know to your trading can be used as knowledge can possibly use for your future long, shorts, buy and low trading. Its better to elaborate more information, gain more information so you can survive to this volatile market.

Better to check about new update from coin want to trade, I think many site now giving new update about coin want to mainnet, hardfork or have good news, but when any bigger transaction like sending bitcoin with higher amount always update on twitter or telegram. You can make analyze when have good or bad news about some coin or bitcoin.

You need to start somewhere in order to excel and attained success, trading should not treat like gambling you always have many options to enhance your chances, never to step inside any exchange if you don't have the confidence.

It's just normal to lose in some point but it's different when you take your way without any idea from what you are doing.

Do your research and find the suitable system that will work according to how you percept your future.

I think it's the opposite that if you've bought it during the bear market and you're looking at the possible return of it to ATH which had happened, you're really lucky if that's the only basis.
And besides, bear markets are really the time that everyone should be buying and stacking a lot while they can. Because it won't last forever and there's always an end of it.

I started trading without enough experience and knowledge, which ended up making me have to lose quite a bit. Therefore, I always advise newbies
not to make mistakes that I have already done. Trade if you already have knowledge about trading, therefore read more articles on how to analyze
the market. Or if you are lazy to read, you can see tutorials on YouTube, many professional traders share tips about trading. Then for experience
you can get by starting trading with a small capital first, or you can also use the demo trading feature found on several platforms.

Great advices from you and yes it is not a wiser decision to trade without any knowledge and experience. Though demo trade can't bear good result but it is worthy enough. Tutorials and market analysis help a lot in trading.

Everything that involves money should be researched first before diving into it. I researched for a long time before I invested in Crypto, but I also lost money because I mostly watched Youtubers that just pump and dump. But I learned that lesson when I also tried to research for a stock (https://btcs.com/) that I am trying to invest in. I did most of my research on Reddit, forums, and stayed out of youtube as much as possible. Because believe it or not, influencers on stocks are very different from crypto influencers.

You can trade without experience and knowledge but for sure you will make a mistake and that can result to lost your capital. So it's better to learn even a basic strategy in trading and experience I think its not required because you cannot have it you are beginner but the important is that you are earning knowledge in trading that you will use to gain profit.

It all depends on the planned trades, such as day trading, swing trading, trend trading and many others and it all requires knowledge and experience which will occur when you do and you should also learn to analyze the market.
start educating yourself about the markets and then learn by doing, over time you will be able to determine which one is more suitable for your own financial goals, personality and trading profile.

Its a foolish step.
Anything you wanna do you have to learn first. Than you can be successful on the particular thing.
You can't be successful by doing trading with your emotion.
You have to learn a lot of thing to be a good trader.
So instead of losing money lose your time by learning how to trade.

I have easy way how you can get profit from trading without understood how to read chart and know potential coin, just checking with twitter account based on coin do you want to buy and check coinmarketcal for more information how coin progress and activity next few day, you can see many update information about coin on twitter or coinamrketcal and you see which one coin have good news.

Ideally, a trader should have experience even if there is little to serve as a guide. because if you rely solely on that signal is not optimal, even the signal cannot be 100% accurate, it is just a door for us to take action according to the signal's warning. So I think this is a thing that needs to be done before trading needs to have the ability

Thank you for appreciating the advice I have given regarding trading, because sometimes there are still many people who find it difficult
to appreciate or accept other people's advice. Even though other people's advice and other people's experiences can be a good lesson
to improve our trading skills. And it is true what you say regarding demo trades, it is true that demo trades will not guarantee that we will
get good results. However, the demo trade is really worth trying, at least it can provide a risk-free trading experience, because it does not
use actual capital. Of course it is very difficult to become successful traders without having good market analysis skills, because it is very
important to improve our analysis skills of price movements in the market through video tutorials that are widely spread on the internet.

If that OP is really concern about becoming successful and profitable, you will have to have these things. I don't want to push you to the limit and learn all the trading tools that most traders had used but as a part of the learning process and to enhance our chance to achieve our goal, it is a must to do it otherwise, we just quit.

If we take a look at why teachers have to undergo training is because to improve their knowledge for positive and effective teaching. This is also what we gonna do in trading and keep in training by being exposed to actual/live trading scenarios.

In my understanding of trading, we have two types of trader's those that a day traders this set of trader's just trade they coin on the exchange once in a while and are not bother what happens in the coin market. And we have the passive trader this set have skills and trading techniques to give them signal on coins to buy and sell at every point.

Except trading now have new way how to earn much profit from any coin by joing on their IDO presale, many potential coin and could raise higher price more than 300% on IDO, but have difficulty to be accepted list because many investor joined on IDO investment right now, you can learn many way how to be participated on IDO.

Good point, it's not a one day learning process but instead a continuous learning. You need to keep improving if

you wanted to succeed from this business, it's not a  luck based like gambling but it's a venue where you can

really earned decent if you focus yourself and find the right system to use.

Absolutely right: if you're starting out to trade, read articles, books, watch tutorials, get a good trading mentor (that's hard enough, I know) and then start demo or papertrading.  Trade the demo with reasonable numbers, i. e. if you are willing to trade with 500 US$, don't trade demo with 100k.  That does not make sense.  Same goes for paper.

^ That is really a good point of yours and that is definitely right, keep exposing yourself in trading, keep learning, and more experience because they were leads you from successful trading if you were always encountered them. As they say, experience is the best teacher in trading that you could learn after how many faults that you have experienced and of course, you will not let this that will happen again. Nevertheless, trading without experience is like throwing your money and made them or the other trader that easier to gain profit. Because trading is not an easy job for people that don't have experience and skills.

And expect your journey into trading to be educational first.  Everybody thinks, opening a broker account, depositing 1000 US$ and placing some trades will make them a trader in a day or two.  If people are good in their day job and you ask them how long it took for them to get that good at it, they'll answer you something like 5 years, 8 years, 10 years. But everybody thinks learning to trade and to become a profitable trader is a matter of days or months.

It takes time and hard work to develop the right mindset, the right psychology, the discipline and the will to trade through losing streaks.

If you are looking for a way to be accompanied by the veterans, there are thankfully now places that literally does this. How? Well there are copy trading places where there are people who trade and make a lot of money from it, and you can follow up how they did in the last day, last week, last month and last year, and if a person is top 10 in all of that, they are usually a great trader, so you leave your money to the exchange, telling it to do exactly what that trader does, copy trading as in copy his trading, and you could make money like him.

You will learn there that life is not that simple, even accompanied by a great trader, if you do not know why he does what he does and what his mindset is, you could see a drop and get out while dude could stay in and make money later on. Long story short you should always know what you are doing even if there is a very good trader with you.

No!, without experience or knowledge you will be trapped in the fomo or hype, and you will never know that the trading volume is real / not real "fake volume". Emotional intelligence is very important in day trading and swing trading, and you can get it only with experience or knowledge.
Never lose your money

I remember how Buffet says his rule no.1 never loose money.  :D
Though it seems so impossible, you can't escape the fact that you can still lose some of you money in trading (whatever kind of trader you might be) because it is part of it. But it is true that you need knowledge in trading or else you'll lose much more than you expect to. And so yeah in order to avoid that, always remember Warren Buffet's rule no. 1. But it still depends on us how we execute that rule. Success rate of never losing money sometimes end up gaining nothig. So don't take it too seriously.

Don't go to unpopular exchanges so that you can be sure that the volume is real and not manipulated by that unknown exchange. Although you cannot remove that thought that all of them creates fake volume to attract more traders but if you're trading on a better and reputable exchange, you will have at least the piece of mind that you're dealing with real traders and even you're not experienced, you can gain it on your own if you're going to try it but just don't do it on the unknown ones.

Agree. You can trade without experience but without knowledge in basic strategy, how market goes, and setting up the right way like market, limit and stop loss is like a gigantic trap coming in your way. You can surely have some mistakes in the beginning but make sure that you learned from it and take notes the mistakes. There are some free trading platforms that have free trading guide that will help you. I have a lot of mistakes in the first days of my trading journey but I realize that it's not really easy that you will easily gain money every day. I think beginners earn money weekly and some really messed up and got empty. It's a continues learning don't stop from learning knowledge and experience along with the attitude are significant factors to become successful traders someday.

It is possible to trade without having any experience or deeper knowledge about trading, in fact, I've done it myself before when I was starting and yes I got lucky even made some profit way back then. I bet there are still numerous people who are trading without having any knowledge. However, it is all up to you if you can handle the risk because not all the time you will get lucky that is why in trading you need to study each and every possible outcome, you need to make your TA. I'd say trading signal could help but not all the time. It is not recommended but yeah it is possible but you should be aware of the risk you are taking.

You can trade by using only money and time but it will be a high-risk investment if you don't have experience and knowledge. Experience and knowledge support you to infer market circumstances, risk management,  maximization of profit, prevent gambling to achieve the desired destination.

Many investors are still the victim of lack of experience and knowledge but hopefully after they read the references here, they will add their limitations and learn more, the essence of trading is not too difficult but it is essential to know the right approach and solve the most effective trends. Especially wanting to be profitable at a daily rate will be more and more a learning process, update changes for each season to create the right strategy, can't close your eyes and make a mess, random chance exists but not high

Personally, it is possible but the experience can be similar to driving a car for the first time without knowing the use of pedals.

In trading, knowledge about the fundamental and technical analysis of a cryptocurrency are essential in order to mitigate the risk of losing your money. By those indicators, you would be able speculate safely the trend of its price either it increases/decreases. Of course, it is possible to trade without knowing those indicators but you increase the risk of you losing money by a significant amount.

Trading without experience and knowledge will make someone not to enjoy his or her trade in the market. It will hard for such person to make something good from that particular trade because he or she doesn't have any experience concerning the trade.
When you are trading without experience and knowledge it will be difficult for that trader to make a suitable profit because he or she  don't have what it takes to earn well for the business.

I am new here.. I want the teacher to teach me..

The basic rules of trading hasn’t changed, it is still to buy low and sell when it’s high. Nobody tells you what to do, and because you’re buying low and selling low doesn’t mean that everyone is going to do the same with you, everyday there are people who are buying Bitcoin and everyone that is buying is buying with hope that the market is going to increase and they will make profit.

It’s just like in 2017, the market got to 20,000 dollars and even at that rate there were still lots of people who were buying and they were all hoping that they are going to make profit, so it’s the same thing with now. I mean just get into trading with basic knowledge and then over experiences you can lean all the required knowledge and strategies.

Bro Simple word the answer is no without trading knowledge and your experience will never you successful in this field. Because newbies becomes traps to put the money in trading and mostly loose money yourself. So you will put the money in your choice if you want to afford in this. If Bitcoin pump instantly people make profit on that time and price increase very fastly on that time you have good opportunity to trade on crypto and exit you trade with profit

You are leaning with luck if you don't have any experienced, just like you are playing gambling

each time you position your trade, the more you place your investment the more risk you are

placing  to your money, it's very important to have the right skills and knowledge before you

take your step inside this business.

If you have no idea or knowledge about trading,You wil be lost money.You need to trading signal.But you can trade without idea but you need some experience. You can get idea by article books.