Trading without knowledge

[Etherlevis128]

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.

Yeah greed leads to the failure of your investment. We want to get maximum out of something but we are never ready to invest out efforts even minimum. This will not work anymore. Because markets are already so much saturated with traders. So if you are doing nothing and think of big comings, brothers you need to review your strategies and plans accordingly. Work and only this can give you big profits.

[xandra]

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.

Right and I agree with you mate being greedy is an atittude of human which is very hard to contol ,they got attracted to a thing with out thinking what will be next out come and mostly greedy people are the one who are easy to loss . Trading is not easy it needs a proper knowledge and skills.

[nitammys]

Hmm… when I started trading (I started with forex) I never had the knowledge or experience. I just woke up one day and decided I will do trading, cause some of my friends has been doing it. I never told anyone that I planned getting into it, I just kept it to myself cause I never supported the idea of trading online, just like forex trading and the rest of them. So I just got into it, but luckily for me the site I chose doesn’t let newly registered members to trade without going through the demo account (I’d call it training), it allows newbies to have the experience of what the real trading looks like before jumping into it. So in a way, I happened to experience it a bit. I studied trading after I might have traded for a month or so to acquire the full knowledge in it.

[btcformula]

trading with knowledge it's recommended, but crypto is fully depend on news, manipulation, zero system, hacking lot's of negativity makes it unpredictable. though i know it's 1st generation of crypto so it will happen. but my point is how can you save your fund from unpredictable news that effect to much crypto market

[otundebis]

Trading without knowledge of the coin you are trading is like working in the dark  anything can happen to you and you can even kill yourself unknowingly.  You must be adequately inform about your trade so that you can make right decisions.

[Meowth05]

Trading without even knowing any knowledge related upon it is just like gambling a huge amount of money that even though you know you will never win. Before you enter in any kind of transaction make sure that you have a knowledge upon it to prevent being fooled by anyone. Having no knowledge will only make you a losser not to gain.

[Caladonian]

trading with knowledge it's recommended, but crypto is fully depend on news, manipulation, zero system, hacking lot's of negativity makes it unpredictable. though i know it's 1st generation of crypto so it will happen. but my point is how can you save your fund from unpredictable news that effect to much crypto market

That's the challenge out there mate, this crypto business really depend in many aspects where we really can't easily read right away, a lots of fluctuations
and manipulations, news will show up and create panics from both ends, negative news will bring the value fell and positive news will create fomo, as of
this moment those who are enjoying the ride are those who spend time to understand their advantage and cope with any movement that will happen
inside.

[iciraku]

who is behind the project and uses technical analysis, a litlle patience to learn a good project

[Ems30]

In the world of trading, skills and knowledge are major important of those person who wants to trade.  But if you have without knowledge to do this trade, it just like a Doctor without knowing from medical terms and concept,therefore in other words , you cannot be an effective tradeperson if
 you'll  never understand the basic concept behind of trading,,so that if you want to  be excel  the world of trading you must be willing to learn as soon as possible.. 

[Granxis]

I think differently: not everyone is an expert in trading, so many people started trading without knowledge. Begin, just start. If you want to trade with a lot of money, do it. Earn freedom and experience.

[White32]

Being a good traders we must know a lot of strategic on how to be successful in feilds of trading. Skills of knowledge is very important to achieve the goals of one traders, so we must do an extra effort to make it happen. Trading is like gambling if you didn't know how to play you can lost a lot of money. So learn more and keep positive mind.

[ClackKendi]

no i dont thing so, You should invest in knowledge before coming to bitcoin. Other investments must also have the knowledge to make the strategy and make the smart decision so you will succeed.

[mrproblem]

Trading without target even worst and trading without knowledge is better than it

[bullet007]

I know people who know everything about trading. But they can not trade profitably. And others even level 2 can not read and earn well.

[jeepuerit]

trading without knowledge is likely to be just burning money, when you do not know trading, do not invest because it's a waste of money, and it does not make trading much easier, since it's just a little bit more, because it's trading It's not just that, let's go ahead or find out before trading.

[Maerence]

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 should be knowledgeable first before trading Bitcoin. You have a lot of things to know! Getting Bitcoin is now easier than it was a year ago. Now, one only needs to be in a right country to purchase and sell Bitcoins, where exchanges legally act as intermediaries for currency transactions something that also protects your funds from being mismanaged by external and internal attacks. All you have to do is find a reliable Bitcoin exchange, sign up and provide the required personal information,  it would simply make you eligible to purchase and sell Bitcoin directly to the markets. It is better to take a long time to educate yourself on trading than cry when you lost because you have not enough knowledge.

[royale143]

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.

That's right. The trading market is such a difficult and unpredictable market to just try in without any knowledge. Actually, even seasoned cryptocurrency investors are still not confident and comfortable enough to venture in the market because they know that it has so many alleys to kill off your venture. And jumping in it without prior knowledge or without studying the market would just make it more worse and the chances of you losing your investment would be multiplied, and I mean, in anything, it's always better to have your weapons before you go to war.

[missmaria]

That's not a best thing to do - trading without knowledge is very risky and I doubt that it will bring any profit.

[loveb]

Trading without knowledge is risky and will surely lead you to have loss in the end. Trading without knowledge equals loss.

Agreed. Knowledge is power.

[sheryl26]

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 kinda risky very risky actually because it is like you are entering a fight without even know how to fight because you might gonna lose as always so you better have any background in it before entering that field because it involves money and that is one of the important thing now because nothing is free today especially if you are living in the city. Ao better have some research about it because you might regret if you lose a huge money iy is hard.to recover trust me