Trading without knowledge

[cryptoblue]

You can start trading, even if you don't have any previous knowledge. But start with a small amount of money, in case you suffer losses, it wouldn't be a problem for you.

[ChrisPop]

You should always trade cold-hearted and based on your TA and FA skills. Don't put emotion in your decisions as that will get you portfolio bleed in most of the cases! First and foremost you need to build up your knowledge base about TA. Do not even try to trade without the basics. Good luck in the markets!

[mornabo]

Knowledge is power you cant reach the destination without knowledge. Even you go for travel take a map to reach the destination so invest in yourself and educate properly learn deeply then earning will easy for you.
Basic knowledge of trade and cryptocurrency and factors which effect the market need to know.Learn to control the emotions and invest in stable coins having bright future.

Knowledge can not be obtained without a hard effort. Yeah you have to continue to hone your knowledge about trading and crypto. because the key to profit in trading is great knowledge right? other than that. controlling emotions will also play a very important role in trading. yeah whenever prices can go down and knowledge will not manage your emotions. it takes a strong mental to control your emotions in order not to panic

[Palakka]

I am sure you will lose your money if trading without knowledge. Trading is need a knowledge and skill to do that
it is better to lear about of trading and analysis.

[tungaqhd]

A lot of people do trading even if they don't know nothing about it and some people succeed on that but most of them failed.
One of the reason why I think they do that, is because of GREED which can result to a big loss for them.

Start with education, make a lot of research, do some practice trading online
and use it later on in real life. Don't rush to earn money because in trading its hard to do so.

Are you a trader in mind but scared inside?
Be more patient, develop your emotion and win in this market.

Yes, trading without knowledge likes playing lotto. They don't know why they lose and what to do next.
Those losing money should be used to learn about trading, market research and they can save a lots of time
This is one of the most common mistake of newbie

[sumanto]

A lot of people do trading even if they don't know nothing about it and some people succeed on that but most of them failed.
One of the reason why I think they do that, is because of GREED which can result to a big loss for them.

Start with education, make a lot of research, do some practice trading online
and use it later on in real life. Don't rush to earn money because in trading its hard to do so.

Are you a trader in mind but scared inside?
Be more patient, develop your emotion and win in this market.

I think trading without knowledge seems to be very difficult to get a lot of profits from trading, before trading at least you should read how to play very good trading and understand how the movement of prices of bitcoin and other coin and understand what causes the price can rise and fall up to you can use it all for profit.

[cybersofts]

Trading without the knowledge is a suicide. Though, almost 90% of traders started that way. Trading bitcoin or altcoin require a knowledge and understanding when to buy or sell. What are signs, what are the signs to buy, and what are the signs to sell. Trading any cryptocurrency without the knowledge of how the market can react is a big risk and to avoid losing money you must learn the necessary skills and knowledge.

[Qartersa]

Is this even possible? I know I traded with barely any knowledge about it long before but it does not mean I do not know the basics. How can you even trade in an instant without a tinge of idea how it works? Come on, I know some are just into it to impress others but I hope we are honest to ourselves. Otherwise, we set a wrong benchmark for others to emulate. It would then be too risky for these people to trade with zero knowledge on it, especially now that the price of Bitcoin is undeniably higher than it once used to (during the time I started trading).

[slashz9]

I agree, but you will never be proficient in trading if you do not try it directly. like learning to ride a bike, you can not just hear his theory, as good as anything you listen to his theory you'll never be skilled if you do not try it directly.
just like trading, you should try it directly, if you are not ready with a lot of money start with a little.

[khelan]

I agree, but you will never be proficient in trading if you do not try it directly. like learning to ride a bike, you can not just hear his theory, as good as anything you listen to his theory you'll never be skilled if you do not try it directly.
just like trading, you should try it directly, if you are not ready with a lot of money start with a little.

agree with you, being and connected with market gives you more deep experience and improves your decision making for buy and sale

[wanted sliter]

A lot of people do trading even if they don't know nothing about it and some people succeed on that but most of them failed.
One of the reason why I think they do that, is because of GREED which can result to a big loss for them.

Start with education, make a lot of research, do some practice trading online
and use it later on in real life. Don't rush to earn money because in trading its hard to do so.

Are you a trader in mind but scared inside?
Be more patient, develop your emotion and win in this market.

It is a true business man, and in addition to firmly grasp the principles of technical analysis we need an effective strategy, understanding and regularly follow news from the site. That is the secret to winning the market. The uninformed will be the losers in this market. Sooner or later they will be empty. I have made many mistakes. Always increase your knowledge.

[7788bitcoin]

If i am spending my money, i would learn about the project and then only i will invest them, trading blindly or knowing how to trade is called gambling and you wont make any profit if you are doing that, invest your money only when you are familiar with the investment platform and not before that, with stock trading you can get guidance but in crypto trading you need to learn on your own ,youtube and google will solve these issues.

[Tigerw]

I agree, but you will never be proficient in trading if you do not try it directly. like learning to ride a bike, you can not just hear his theory, as good as anything you listen to his theory you'll never be skilled if you do not try it directly.
just like trading, you should try it directly, if you are not ready with a lot of money start with a little.

agree with you, being and connected with market gives you more deep experience and improves your decision making for buy and sale

to ensure that your actions were correct and had a qualitative result, you need more time to analyze the market and monitor all your investment projects.

[Ejanend]

Trading without knowledges - waisting time and money but in the other hand it's your experience

But if a person does some research about how to swim before just jumping from the cliff into the water, it would save him from all the struggle of learning the survival skills at the very last point. Trading is no kid’s game. I would never encourage trying it out without digging out the basic properties of asset to be traded and some basic rules of this profession. Besides, if someone decides to do bitcoin trading, his amount of loss can be really huge and unimaginable.

[Cryptodux]

Trading without knowledge simply means gambling, and the results are the same: you lose.

[LuvCyanide]

That's right, you can easily make money in a growing market, even if you are not a professional in trading. But you can easily lose everything in a falling market. You shouldn't trade if you don't know that.

[Oilacris]

If i am spending my money, i would learn about the project and then only i will invest them, trading blindly or knowing how to trade is called gambling and you wont make any profit if you are doing that, invest your money only when you are familiar with the investment platform and not before that, with stock trading you can get guidance but in crypto trading you need to learn on your own ,youtube and google will solve these issues.

We should really be sensible with our actions since money is being earned thru hardwork and investing it with proper knowledge is always been advised.Comparing stocks and crypto will really be different learning process both would be not an easy journey but when it comes to sources then anything is already on the internet.All we need to do is making our own research if we do like to be profitable within this field.

[Xardasim]

Of course, the meaning of trading without knowledge is a risk of your money. You can trade without knowledge, of course, but this is not trade, this is bet.

And you need feelings to be managed. So when the market is falling, you should manage your own emotions so that you don't lose more money.

[Sirait]

trading without knowledge (graphic reading tricks) and good analysis based on current issues is GAMBLING,
this is what causes many new traders big loss 

[paynercash]

Of course, the meaning of trading without knowledge is a risk of your money. You can trade without knowledge, of course, but this is not trade, this is bet.

And you need feelings to be managed. So when the market is falling, you should manage your own emotions so that you don't lose more money.

Business without knowledge means dependence on luck, those individuals are too risky. I think that risk should not be so risky, so let's analyze and work in a scientific way. Though, business cases without knowledge can make a high profit but that is only A few special cases occur. But in the long run it can not last forever.