Trading without knowledge

[Dontme]

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 are right. I my self I already experienced this matter when I am still new in trading I was always expect hood plan good future and good holding. In other words good profit but definitely it's never done in just twinkle of an eye rather wait patiently and you have to work hard for it.

[magicmeyk]

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 are right that their are traders who are not or do not have the knowledge on trading but time and effort to learn on something you want will bare fruit. A trader must be confident on his action that taking risk will give you a success in life.

[creeps]

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.

Traders will not always win, if you trade longer and still losing more then something is wrong better for you to study the market again because in trading your money is important. Trading without knowledge is like risking your life into a wild jungle, focus on your knowledge and be brave in this market.

[coinsocieties]

Actualy even me i dont have a good experience in trading also like some pro but i can do also trading usualy i was doing a trading in long term only like a few year and atleast 6 months.

[sinkfish]

same like any other profession, either under employment or business, knowledge is a must.

[bettercrypto]

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.

Sometimes, we can learn throughout our journey. Greed is not always the reason why some people are trying to trade even without a knowledge. Sometimes, they underestimate trading. They think that it is easy to read charts and have a technical analysis in the coin. Well, that might be a reason why they failed. If you have knowledge before doing things, there is a possibility that you can be successful. Trying things without any experience or knowledge is just wasting your time from nothing. Unless you are luck.

[CryptoWorld87]

Well before you have to do a trading make sure that you have a knowlegde in trading for atleast a basic of trading principle and the most basic in trading is buy low and sell high and a partner of this is your emotion and dont be greedy.

[BabyBoss]

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.

We only lose without the knowledge of bitcoin. Bitcoin is really valuable where it is not joke to study but we can study this one as if we are studying business trading. Trading without knowledge is useless we can't earn profit without knowledge so we must have it.

[gabmen]

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.

Traders will not always win, if you trade longer and still losing more then something is wrong better for you to study the market again because in trading your money is important. Trading without knowledge is like risking your life into a wild jungle, focus on your knowledge and be brave in this market.

Might as well just gamble with your money. You'll have a better chance of getting bigger returns for pretty much the same chance. It's important to research and study first when you're planning to trade because how much you know may very well determine the result of your trades

[toots25]

trading without knowledge is like putting a fish on a dry land eventually it will die. Same goes to person engaging  to trading industry particularly in cryptocurrency, he can be scam by the scammers , deceive by the wrongdoers abuse his ignorance unlit he'll loose all of his asset,profit and properties in the trade.

[dutchkay]

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.

LOL, your response you received  was quite hilarious but if you ask me I will say it's the real deal. You really need to be inside the game to understand how it feels. Reading is not just enough. Believe me, someone that funded and started trading will learn quicker than one still reading and waiting to enter the market. I believe that for you to even fund your account, and bid a coin you may have read how to, if not you won't be able to. So lose and correct your mistakes yourself.

[isetter]

When I first entered the Crypto market. I am a person who has no knowledge in trade. After failures and lost money. I learned the video on youtube on the trade guide. I have been successful and have taken the money that I invested before

[Torrenth]

trading without knowledge? I think that's a stupid thing to do, maybe everyone can trade, but if without knowledge of the trades they have, one can profit or even lose but according to logic if one does not have the knowledge to sell it seems difficult to make a profit.

[Tamilson]

trading without knowledge is like putting a fish on a dry land eventually it will die. Same goes to person engaging  to trading industry particularly in cryptocurrency, he can be scam by the scammers , deceive by the wrongdoers abuse his ignorance unlit he'll loose all of his asset,profit and properties in the trade.

Well for me it's more likely driving without directions and in the end your just lost in the vast. Just like trading without knowledge, you'll just wasting your time to something that you didn't know and the worst you're just wasting money. So if you really want to be a trader then put time and effort to it, gain more knowledge and of course wide experience. Maybe it just easy to look at but being a trader is something to take seriously.

[Dudeperfect]

I would call such trade a gamble and nothing else. It doesn't make any sense to trade even in a bullish market if the person doesn't have any proper strategy behind his decisions. I do see that newbies fall for such traps and they trade based on the 'valuable tips' given in the chatbox by unknown traders. Everyone must understand that there were, there are and there will be many opportunities for making profits through trading so they must learn to ignore the fear of missing out and invest their time in gaining knowledge before investing their money.

[altugozturk]

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 completely agree with you, thats why we are trying to build a crypto education platform. There are so many scaterred resources but not a single location where all courses can be found.
People trade with emotions and only with information that is "heard". We need better educated investors so the scams cant hurt us and greed cant make people poor.

Also a demo exchange would be nice right? Before you put all your money, at least give it a try for a few days without a risk.

We are solving all of these problems.
Please have a look at our project. =)

www.krypted.org

[Sinecoin]

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 with you in that new traders should really think about doing their research before they begin putting serious money into crypto.  But with that being said, i think a lot of the information about trading that people can attain is through taking the initiative and actually investing.  first time traders will make a lot of mistakes but the key is to remain patient.  If they can do that then they'll realize that its not the end of the world when prices are tanking and they wont panic sell.

[Shikaina]

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.

Its not true. I dont think that people in this forum dont care about beginners in trading. There are a lot of posts in different threads that remind us specially beginners on how they should start and what they should do. Maybe from time to time there are those happy go lucky traders who dont care about losing as long as they’ve tried.

[blue_nexus15]

Trading without knowledge is a dangerous thing in any financial market and so does cryptocurrency. You can only succeed in the market when you are a good person, otherwise you will become whale prey in this market. I always recommend that new entrants to the market prepare themselves for a good knowledge of cryptocurrency, investing and drawing experience for themselves that is the way to be successful in this market.

[clex_us]

Trading without knowledge is the worst mistake made mainly bu starters with trading field. It leads usually to big losses. Trading is different than gambling where you havent to get knowledge first, and you depend only in luck.