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Author Topic: How did you overcome the hurdles and gain confidence to trade as a Newbie?  (Read 823 times)
Fredomago
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December 03, 2023, 09:51:25 PM
 #121

Confidence comes only with knowledge of the matter; if you hone your skills and abilities more and more and constantly learn, confidence comes on its own. In cryptocurrency trading there is no other way, either you are an expert, well-read and experienced, or an insecure user who constantly gives your profit to others.

That's true if you have talent and know everything then your confidence will definitely increase because you will then easily use your talent to get benefit. But if you don't know what to do then you will shy to take forward step or if you take step and that step become wrong then your confidence and courage both will reduces. In trading you should be serious about your win and loss because its not about a single defeat but due to this single loss you will loss large part of your money.

Learn well to use your skills in trading and also read carefully the price graph which can help you to indicate market and then make a useful decision. Newbies often loss at start but if they use their skills then they can quickly become a successful trader as success always comes after get experience in trading.
Your experience in the market will always be a big factor to boost your confidence in trading. Despite of the losses you achieved through trading, you are also learning from them that makes you an improved trader in the process.Trading is not easy and it takes a lot of knowledge and skills for you to become a successful trader. If you know how to value your past trades regardless if they are wins or loss, that will be a good factor to make you a confident trader in the market.

Confidence is built through years in trading, and that will only happen if you don't quit easily despite of the struggles and hardships you experience in trading.

Despite of many struggles and hardships  in life during your investment or trading, you should always find that wisdom to keep moving forward,  confidence can be developed if you are keen in learning everything that will guide you to succeed.  Many people quit right after that bad experience which commonly happens with newcomers.

But if you are aiming to succeed better to use that mistake or failure to improve and keep that positive mindset to develop good skills in anticipating better outcome.

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Russlenat
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December 03, 2023, 09:56:23 PM
 #122

By learning from all my mistakes in trading and decide not to quit but continue to trade as long as there are available funds enough to trade. I know that trading is really hard and tough, but if you are determined to win from your trades and be profitable just like other traders, then you should hold into it that one day with your patience and positive motivation, you will also make the most in trading.

Gaining confidence in trading never happens in an instant, but with continued trading and trading for every possible winning trade, that experience boost my confidence in trading.

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December 04, 2023, 09:15:12 AM
 #123

Despite of many struggles and hardships  in life during your investment or trading, you should always find that wisdom to keep moving forward,  confidence can be developed if you are keen in learning everything that will guide you to succeed.  Many people quit right after that bad experience which commonly happens with newcomers.

But if you are aiming to succeed better to use that mistake or failure to improve and keep that positive mindset to develop good skills in anticipating better outcome.

I have once again reviewed the profit that I currently have in trading and am again convinced that holding can bring greater profits with significantly less time spent. A trade can be good to increase the quantity of coins you hold, but this is only if you are good at it. Otherwise, it’s better to just hold and wait for growth, this will work for anyone who has enough patience to get the expected result.

This is especially true for beginners who have not yet developed a clear strategy and do not understand how everything works. In this case, it is simply better to buy and hold, this will give you a better chance of making a profit.



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Fredomago
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December 05, 2023, 10:59:45 AM
 #124

Despite of many struggles and hardships  in life during your investment or trading, you should always find that wisdom to keep moving forward,  confidence can be developed if you are keen in learning everything that will guide you to succeed.  Many people quit right after that bad experience which commonly happens with newcomers.

But if you are aiming to succeed better to use that mistake or failure to improve and keep that positive mindset to develop good skills in anticipating better outcome.

I have once again reviewed the profit that I currently have in trading and am again convinced that holding can bring greater profits with significantly less time spent. A trade can be good to increase the quantity of coins you hold, but this is only if you are good at it. Otherwise, it’s better to just hold and wait for growth, this will work for anyone who has enough patience to get the expected result.

This is especially true for beginners who have not yet developed a clear strategy and do not understand how everything works. In this case, it is simply better to buy and hold, this will give you a better chance of making a profit.

I agree with that principle as long as newcomer have that long patience before entering this business, it's important to know every factor that will allow you to gain profits, while in the process learning different things can establish your understanding and that will take place if patience is already installed inside you.

With every market movements there's corresponding reaction, having that skills of adopting coming from every experienced that
you will encounter will lead you to a much better results.

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