Trading without knowledge

[Twinscoin2017]

I think trading without knowledge is a suicide. We may need to know trading first with a verry few amount of capital. before we go ditect trading with a big amount of capital. Because if we do trading we need to be patience and we need to considered things like we don't own our disteny we maybe win or lose but  the important things is we learn.

[NathanJB]

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.

You have some nice points there, mate. I gave you a single merit for that. However, for the sake of fairness, I think it is not only greed that might have fueled a lot of people to immediately get involved into crypto trading, even without the basic knowledge about cryptp trading or even about cryptocurrency in general. Perhaps some or many of them are just too excited to try it themselves. I think trading is fun and that some are really very much eager to go into action immediately. But I always advise that they start with small amount. 

[barsharkol12]

Trading without knowledge is like going to war with no weapon. if you are lack of knowledge in trading obviously others will take that as an advantage. we are talking about here is about money and experience, you must have a lot of knowledge so that you can trade and do others stuff perfectly and in the end you will not regret your decisions.

[thecoder2017]

Trading without knowledge is a risk because when you trade you must learn and know everything about trading to avoid losing your money and first trade only small amount to experience and had some knowledge in trading then when you succeed then go for a bigger amount.

[tbterryboy]

Trading requires a whole lot and having the basic knowledge about trading is of utmost importance and should not be overlooked. Trading without having any knowledge is like trading blindly and the only outcome you get, would be to incur losses upon your investment. So, you need to first equip yourself with the basics.

If you don’t have prior knowledge of cooking, and you think you are about to get into kitchen and when coming out, you will be having a delicious spaghett is in your plate, does it makes sense? No, likewise, you can’t have any good profit ratio or even profit itself if you don’t know how to use your coins. So it is immensely advised to keep yourself updated with what you are going to do.

[quality.crypto]

Without knowledge about trading, it will hurt you a lot because you don't know how to choose the best coins and you don't know where to buy the coins.
It is not possible for you to make money without knowing any of these and one more thing is the technology behind is very difficult in the beginning. So it is a bad idea to enter the market without knowing.

[Layonk]

Trading without knowledge is like going to war with no weapon. if you are lack of knowledge in trading obviously others will take that as an advantage. we are talking about here is about money and experience, you must have a lot of knowledge so that you can trade and do others stuff perfectly and in the end you will not regret your decisions.

Just read and never practice is similar you will loss money because thats mean is without knowledge.
If without knowledge, you only need to follow the signal from friend or other expert group which already has proof of success.

[qwertyup23]

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 agree on this but I also have some reservations about it. Firstly, individuals who start their journey in trading should do their part before they engage into such activities in order to avoid potential risks and mitigate damages in case of losses. Second, one must also be resilient, determined, and patient as trading involves a series of decision making skills that poses a risk of losing most of your investments in one go. Third, while profits that you receive may be significantly large, the amount that you need to risk also balances (sometimes outweigh) the scale of losing it all.
While trading may be indeed profitable for experienced traders, they also experience losses from time-to-time due to what you said, being GREEDY. But being greedy is not that much of a deal, relatively though.

[Aroshnoor]

Start Trading without knowledge? it is very risky .youmust be  loses your investment amount.i know trading is very risky but if you ready to a good trader .you earn a huge profit.so for trading you need very strong experience .and i think you waste your time in trading .i hope you will be success.

[hamza987]

What knowledge people requires in this
Trading requires luck as it only depends on peoples
If they selling the currency it means price will dump but if they buy then price will increase, as simple as that

[kyori]

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 am one of those traders who take the risk to get some profit but in the end I failed, it is really hard to trade if you don't have enough knowledge. I had lost so much money in trading because I was just guessing which coin should I buy.

[voztata]

Yes it is possible for someone to trade on cryptocurrencies and any other stocks in the market without having the knowledge of it, but you will only be gambling with your luck; you just click any direction and hope that you win. So it’s possible, but pretty bad.

It’s more better for you that you have the skills that are required for a trader, cause if you don’t, relying on lucks and hoping that you will make it won’t help you in anyway, you will just end up a loser. So my advice is to study reading and have knowledge.

[Nyeyzel]

Are you serious! That is like going on the battlefield without a gun. Your chance of survival is little.
Trading is very risky move; you need to learn more about it before you invest or make a move. It requires planning and focus to avoiding big losses. But if you want to start trading without knowledge just start in a small amount and some luck.

[Shafiqul Islam]

Trading without knowledge same as body without backbone. Trading is the best earning method in crypto-currency world. But many traders don't have enough knowledge about trading. They faces a huge losses.

[Genrix]

Good advice. Majority of people trades with intuition and it is not right way.they only loose money and don't receive any knowledge, so there is no sense in doing that

[Cryptoproff]

Trade without knowledge it's like solving a puzzle where you really don't know where to start first or where to find the missing piece.

[pimvinken]

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 that if we want to trade the best we must have knowledge. Without knowledge, trading in the cryptocurrency market is prone to failure and we will have to suffer losses, even lose everything. To have knowledge of the cryptocurrency market, we should read books, newspapers, or participate in this forum. Besides, trade requires us to be patient and believe in our emotions.

[emezh10]

It is quite obvious that you should have some education in order to start trading but for some reason this forum is one of the main things that mislead the beginers. I remember myself a while ago asking about crypto trading, the most popular advise wassomething like "Just fund your exchange account and start trading, you will get experience. No shit".
Just imho we should have a thread with basics of technical analysis and some information about crypto trading / investing pinned on this board.

Educating ourselves is must specially when we are going to start on having bitcoin as a source of our income of investments. We should need to have a time for us to have on the learning process with bitcoin system. If we know the basic information about bitcoin we could initially start a form of investment and trade for us to earn and to have a good profit.

[worle1bm]

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.

Nothing in the world can be done without knowledge and far as trading is concerned it's not only about knowledge you need some special skills and lot of research before that for the coin in which you want to trade.But if you lack any of these don't enter the feild.And above all patience and risk are the key elements of trading.

[sujonali1819]

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.

trading without knowledge is very dangerous things I think. Doing a successful trade need more research, more knowledge and patient. I recommend the newbie people in a trade don't try to trade without knowing even a simple knowledge. Because they can be lost their confidence.