advice for a beginner

[senyorito123]

Hello, I'm a new trader. I started a month ago. I deposited $100, and now I've lost $40. Any advice for me? I watched some YouTube videos and found a technical analysis video which helped a lot. I started not losing as much. Sometimes I even earn. But even though, I feel so lost. Like every day, I see some random coins get boosted. Some people earn from how they know that coin will go up. I'm sorry for my bad English; it's not my first language.

Be careful as you're new with trading, some of the ponzi schemes were using trading as their shadow. I've been experiencing lots of troubles last year 2022, there's a trading platform not using crypto but rather forex. They've been offering this idea about signals within specific schedule that hits the target. Unfortunately by the span of 4 months, the capital and profit I had wasn't given as pay out by the time my funds increases even bigger.
That's why you shouldn't ignore this piece of advice, because you might also experience it with crypto.

[Strongkored]

Hello, I'm a new trader. I started a month ago. I deposited $100, and now I've lost $40. Any advice for me? I watched some YouTube videos and found a technical analysis video which helped a lot. I started not losing as much. Sometimes I even earn. But even though, I feel so lost. Like every day, I see some random coins get boosted. Some people earn from how they know that coin will go up. I'm sorry for my bad English; it's not my first language.

You still have a long way to go to make a profit, and losses are something you will face even though you have been trading for years, so you have to get used to it so that losses won't bother you too much, and because you are new, it's better to just focus on one or up to three coins, in fact, I think one is better, and ignore the others and start learning about these coins well so you don't feel lost, and ignore other people's results because you don't know what they have gone through to achieve what they have he's achieved now, wanting the same results as others have achieved will only frustrate you.

[gunhell16]

Hello, I'm a new trader. I started a month ago. I deposited $100, and now I've lost $40. Any advice for me? I watched some YouTube videos and found a technical analysis video which helped a lot. I started not losing as much. Sometimes I even earn. But even though, I feel so lost. Like every day, I see some random coins get boosted. Some people earn from how they know that coin will go up. I'm sorry for my bad English; it's not my first language.

Where did you deposit the $100  exchange? Second, how long does it take to trade? Is it about a few weeks? because that also depends on the exchange that your money or fund went into.

However, since you are a new trader, first learn to know the assets you trade; don't be greedy; don't rush to make money in trading; you should learn as much as possible first. I mean, feed yourself first; you have knowledge about trading.

[fuguebtc]

Beginner think trading is easy because they see alot of people claiming to be successful at trading. Trading can be easy or hard for you depending on how you start trading. If you started by learning how to trade very well from a mentor or a good teacher online, you would not find trading to be hard and you can make money but when you what to learn through shortcuts because you are looking for fast ways to make money  therefore depending on trending signals, you would not understand what you have to do to know how to trade well and it will make you to be making different mistakes when you are doing your analysis of the market and be getting a wrong signals. Beginners do have to be ready to sacrifice sometimes to learn how to trade before they can start making money.

Learning something accompanied by a teacher or mentor, I think they gain knowledge much more quickly during discussions compared to learning alone or self-taught. Indeed, if we want to be successful in trading, we have to make a lot of sacrifices, including money or time to learn to analyze the market. Sometimes even someone who is an expert can still get caught up in the harsh world of trading, there is not a single indicator that is truly perfect when analyzing.

Self-study is really difficult and takes a lot of time , and there is no guarantee that we will absorb the knowledge correctly. Therefore , I also think that if someone wants to learn trading, they should find a teacher or advisor to get the right direction .

The path to becoming a professional trader and making profits from trading is extremely difficult and we have to sacrifice a lot, it is not as easy as many newbies dream . For me, to start trading, the first thing we should prepare is to accept losses and it can even last for months or years. I have yet to see anyone become a trader and be able to make a profit in the first few trades and be able to maintain it over the long term . But how many newbies accept this , how many people are willing to accept long-term losses in exchange for lessons and experience ? That's why not many people are successful in trading and trading is not for the masses.

[Bushdark]

Hello, I'm a new trader. I started a month ago. I deposited $100, and now I've lost $40. Any advice for me? I watched some YouTube videos and found a technical analysis video which helped a lot. I started not losing as much. Sometimes I even earn. But even though, I feel so lost. Like every day, I see some random coins get boosted. Some people earn from how they know that coin will go up. I'm sorry for my bad English; it's not my first language.

You still have a long way to go to make a profit, and losses are something you will face even though you have been trading for years, so you have to get used to it so that losses won't bother you too much, and because you are new, it's better to just focus on one or up to three coins, in fact, I think one is better, and ignore the others and start learning about these coins well so you don't feel lost, and ignore other people's results because you don't know what they have gone through to achieve what they have he's achieved now, wanting the same results as others have achieved will only frustrate you.

Trading in the market and making profits and losses is still in a stage of uncertainty.
This is still the beginners stage of trading and one need to gain that perfection when they can trade without getting frequent loses in the market. Trading is good and we need to get patient for us to be making consistent profits from the market.
Once we are able to attain that level when we can trade without having loses that is bigger than our current profits, then we are gaining the skill to trade well in the market to become a good trader.

[Cryptoababe]

Honestly, the best way is to learn from your loss. Seeing coins that boost doesn't mean the one you are currently trading won't also pump with time if you long. And always set stop loss to the amount you can afford to lose. I mostly set partial stop loss during bull market whenever I long my position and this is to avoid getting liquidated. Crypto is complicated but there is time for every legit coin or project. Just know how the chart flows and play along with it.

[AnonBitCoiner]

Honestly, the best way is to learn from your loss. Seeing coins that boost doesn't mean the one you are currently trading won't also pump with time if you long. And always set stop loss to the amount you can afford to lose. I mostly set partial stop loss during bull market whenever I long my position and this is to avoid getting liquidated. Crypto is complicated but there is time for every legit coin or project. Just know how the chart flows and play along with it.

Those are not wise individuals who give up just after a single loss and those who utilize these losses to learn something better will be successful in future so I think we all should accept the losses and do something good to overcome or eliminate such losses.

Stop loss is a better tool that can minimize your loss but for it skills are required and it is also not easy to be used by anyone. Knowledge will make you a better trader and you should be familiar with all the strategies and equipment which can enhance your success rate.

Choosing a top and better coin is necessary but for getting profit from it one has the ability to read the market chart and go ahead according to the predictions. Not everything is easy but numerous efforts, increased knowledge, command on your decision and ability to read the price are very crucial.

[Cryptoababe]

Choosing a top and better coin is necessary but for getting profit from it one has the ability to read the market chart and go ahead according to the predictions. Not everything is easy but numerous efforts, increased knowledge, command on your decision and ability to read the price are very crucial.

Yes. Not everything is easy. If someone keeps on, they will understand the market better. Most times, we know the right thing to do when opening position but grreediness makes us do the wrong. So, not being greedy is also part of it even if one is able to command ones decision and ability to read charts.

[Mr.sprin]

Yes. Not everything is easy. If someone keeps on, they will understand the market better. Most times, we know the right thing to do when opening position but grreediness makes us do the wrong. So, not being greedy is also part of it even if one is able to command ones decision and ability to read charts.

For beginners, first learn the basic knowledge to control ourselves so that undesirable things don't happen. By studying this first before jumping straight in, it can make us more or less aware of what we are doing, so that we don't try without any basic knowledge. knowledge about what the city does, and also we can control our emotions so that they are stable and not rush into taking steps that end in disappointment due to our own mistakes because we did not base them on sufficient knowledge.

[Cryptoababe]

Yes. Not everything is easy. If someone keeps on, they will understand the market better. Most times, we know the right thing to do when opening position but grreediness makes us do the wrong. So, not being greedy is also part of it even if one is able to command ones decision and ability to read charts.

For beginners, first learn the basic knowledge to control ourselves so that undesirable things don't happen. By studying this first before jumping straight in, it can make us more or less aware of what we are doing, so that we don't try without any basic knowledge. knowledge about what the city does, and also we can control our emotions so that they are stable and not rush into taking steps that end in disappointment due to our own mistakes because we did not base them on sufficient knowledge.

That's one thing. Leaning the basics is important. And this is to prevent learning in the hard way. I think most beginners always want to go trough this stage
Do you mean knowledge about what the coin does or what the city does?
If its what the coin does, that's also one thing to take note of. Knowing that will make them know the potential of the coin and probably the highest marketcap it can possibly attain.

[lalabotax]

Hello, I'm a new trader. I started a month ago. I deposited $100, and now I've lost $40. Any advice for me? I watched some YouTube videos and found a technical analysis video which helped a lot. I started not losing as much. Sometimes I even earn. But even though, I feel so lost. Like every day, I see some random coins get boosted. Some people earn from how they know that coin will go up. I'm sorry for my bad English; it's not my first language.

Do you do Future trading? If so, it's better to avoid it, try trading on the spot market first so that you can start learning how to analyze the market better. Then on to the future. because future trading is very risky, it can even make your money run out in just a few hours. For this reason, it requires emotional maturity, understanding and knowledge, as well as several other skills to reduce the risks involved in future trading. However, in the spot market, this will have lower risks because if the market suddenly drops, then you won't lose money as long as you are still holding them.

Choosing a top and better coin is necessary but for getting profit from it one has the ability to read the market chart and go ahead according to the predictions. Not everything is easy but numerous efforts, increased knowledge, command on your decision and ability to read the price are very crucial.

Yes. Not everything is easy. If someone keeps on, they will understand the market better. Most times, we know the right thing to do when opening position but grreediness makes us do the wrong. So, not being greedy is also part of it even if one is able to command ones decision and ability to read charts.

Yes, knowledge is very important. And to increase our understanding of it all, of course we have to be diligent in reading and studying trading, and understanding it well. Then, strengthening your understanding of the knowledge is also necessary because learning by doing is usually very helpful. Of course, there is always a risk of failure. For this reason, it is better to use a little capital first at the beginning of trading to minimize the risk and increase the loss of money.

[Ever-young]

Hello, I'm a new trader. I started a month ago. I deposited $100, and now I've lost $40. Any advice for me? I watched some YouTube videos and found a technical analysis video which helped a lot. I started not losing as much. Sometimes I even earn. But even though, I feel so lost. Like every day, I see some random coins get boosted. Some people earn from how they know that coin will go up. I'm sorry for my bad English; it's not my first language.

You started trading from a month ago, It's nothing in crypto trading. Don't hurry in trading, learn it gradually because it's a long time process to understand market, other technical strategies. If you have lack of knowledge you can not recover your loses. Those people's are definitely experienced in this sector and they taken risk with random coins to make high profits.

I totally agree with you, before being part of crypto, we first understand the rules and regulations of it, that is we should first of all, have the basic knowledge about it, know what it takes to be an investor or a trader, asking questions or doing research to understand better, crypto is not something we should just rush into, it's a gradually process and I don't think it's something that will expire or lose its value anytime soon, so let's just take our time, to study it very well, although it's everything we learn and know in a day but with those basic knowledge and know how to apply them, it will saves us from falling into a victim of losing and also we not relent of not seeking advice or suggestions from our elders in anything we don't understand or we don't know how to go about it, remember it's not everything we know and we do learn everyday as time goes on.

[Vinaa77]

Yes. Not everything is easy. If someone keeps on, they will understand the market better. Most times, we know the right thing to do when opening position but grreediness makes us do the wrong. So, not being greedy is also part of it even if one is able to command ones decision and ability to read charts.

For beginners, first learn the basic knowledge to control ourselves so that undesirable things don't happen. By studying this first before jumping straight in, it can make us more or less aware of what we are doing, so that we don't try without any basic knowledge. knowledge about what the city does, and also we can control our emotions so that they are stable and not rush into taking steps that end in disappointment due to our own mistakes because we did not base them on sufficient knowledge.

Self-control when trading is of course very important for everyone who trades even though they have traded and made a profit, because someone who trades without being able to control themselves will certainly do so with greed and this will be very detrimental to them. naturally.
When we understand well, of course we will be able to trade based on the knowledge we have and this will help us to make the right decisions on the trades we make and this will enable us to gain profits from the trades we make.

[zenaku]

Hello, I'm a new trader. I started a month ago. I deposited $100, and now I've lost $40. Any advice for me? I watched some YouTube videos and found a technical analysis video which helped a lot. I started not losing as much. Sometimes I even earn. But even though, I feel so lost. Like every day, I see some random coins get boosted. Some people earn from how they know that coin will go up. I'm sorry for my bad English; it's not my first language.

What is your language, Spanish?  If so, it's a pleasure to greet you, I'm a newbie, write to me to give us signals telegram @zenaku_dev