Learning Crypto trading as a beginner

[krista222]

If you find that your knowledge has not peaked so you can self-enrich or you can trade but lack confidence you can re-learn how to trade for success.

[Xampeuu]

Learning trading is very difficult.  Because trading is not easy to master.  Learning trading requires a lot of patience and dedication.  Many people resort to various types of training.  But most of them are scams.  It is better to master trading on your own rather than relying on others.  Because trading is a practical process.  So the more you get into it, the more you will know about it.  Moreover, one cannot enter trading completely ignorant.  After knowing the basic concepts and all the strategies and rules of trading one should come to trading.  But in the beginning a very small amount of money has to be invested.  The less money can be invested and what.  Then when the trading is fully mastered the amount of money can be increased in parts.

It's never a good idea to try to learn anything from online mentors, you are right about that, so it's better if someone willing to learn trading or anything, in general, finds a place or a person where they can learn so that they can see and understand everything more clearly and easily.

There are two basic things that one needs before entering the cryptocurrency market or any financial market as a trader, the first one is knowledge because you can't do anything if you don't understand everything, and the second one is the budget that they can utilize to make their trades.

Unfortunately, in the cryptocurrency market, most people make an entry without the first thing which is knowledge, and when they fail, they start making excuses.

If I may add more, experience is also an important asset for achieving success in the world of trading, therefore a lot of flying hours are needed so that we have good intuition regarding market reactions. that way we can make good decisions so that we don't harm ourselves, trading is not only done in theory, but in practice which determines our success, in practice it is even recommended to use real money to hone our psychology

[Yukyzu]

It's never a good idea to try to learn anything from online mentors, you are right about that, so it's better if someone willing to learn trading or anything, in general, finds a place or a person where they can learn so that they can see and understand everything more clearly and easily.

There are two basic things that one needs before entering the cryptocurrency market or any financial market as a trader, the first one is knowledge because you can't do anything if you don't understand everything, and the second one is the budget that they can utilize to make their trades.

Unfortunately, in the cryptocurrency market, most people make an entry without the first thing which is knowledge, and when they fail, they start making excuses.

If I may add more, experience is also an important asset for achieving success in the world of trading, therefore a lot of flying hours are needed so that we have good intuition regarding market reactions. that way we can make good decisions so that we don't harm ourselves, trading is not only done in theory, but in practice which determines our success, in practice it is even recommended to use real money to hone our psychology

Yes, experience in trading is very important and with experience of course we will be able to know the right time to enter the market and when it is time to take advantage of the trading that we do, as you said it is very true that with a lot of time we spend on trading of course we will be able to understand trading well and by trying with the money we have we will certainly be more careful in making decisions on the trading we do.

[GigaBit]

Though financial platforms are challenging, newbies are very interested in these platforms. Currently newcomers are more interested in cryptocurrency and Forex trading. There is no end to know how they can earn from these platforms. But deciding which one is better between these two markets is for beginners somewhat difficult. But from my experience i can say crypto market is much easier and profitable than Forex. The reasons for trading in cryptocurrencies inspire me the most

# A beginner can invest in Bitcoin initially without knowing much about the crypto market. In this case, if he holds for a long time, there is a possibility to make high return.

# If you can invest in a good project in crypto currency, even if its value decreases, it does not disappear. This is a great advantage of crypto currency, which is not possible in Forex.

# Cryptocurrency has many altcoins apart from Bitcoin where one can invest in any of them as an investment option. In short, the investor can diversifying his investments.

# For new investors, there is a possibility to get huge profits after knowing less which is not possible from any other financial platform.

# Cryptocurrencies can be traded 24 hours and 7 days a week but Forex does not have that advantage.

Considering the above, I am more interested in cryptocurrencies.

[Assface16678]

It's never a good idea to try to learn anything from online mentors, you are right about that, so it's better if someone willing to learn trading or anything, in general, finds a place or a person where they can learn so that they can see and understand everything more clearly and easily.

There are two basic things that one needs before entering the cryptocurrency market or any financial market as a trader, the first one is knowledge because you can't do anything if you don't understand everything, and the second one is the budget that they can utilize to make their trades.

Unfortunately, in the cryptocurrency market, most people make an entry without the first thing which is knowledge, and when they fail, they start making excuses.

If I may add more, experience is also an important asset for achieving success in the world of trading, therefore a lot of flying hours are needed so that we have good intuition regarding market reactions. that way we can make good decisions so that we don't harm ourselves, trading is not only done in theory, but in practice which determines our success, in practice it is even recommended to use real money to hone our psychology

Yes, experience in trading is very important and with experience of course we will be able to know the right time to enter the market and when it is time to take advantage of the trading that we do, as you said it is very true that with a lot of time we spend on trading of course we will be able to understand trading well and by trying with the money we have we will certainly be more careful in making decisions on the trading we do.

There are three important things in learning trading or br able to be auccessful in trading , knowledge, skill and experience with these three if a gambler can utilize and hone this aspectd then expect that they will have a greater chance to become successful in trading or earn through trading, some new traders skip one of these just so they can earn immediately, some skip them all by using and relying AI trading which is we know can brough you profit but still there is a risk and added that a trader is abonding the concept of honing skill, gathering knowledge and acquiring experiene.
thats what I hate the most this days many traders are relying on AI or automated trading little they know they just making themselves unprofessional and not prioritizing the concept of honing themselves so that in the later days they can confidently trade and earn a profit through trading.

[Yukyzu]

Yes, experience in trading is very important and with experience of course we will be able to know the right time to enter the market and when it is time to take advantage of the trading that we do, as you said it is very true that with a lot of time we spend on trading of course we will be able to understand trading well and by trying with the money we have we will certainly be more careful in making decisions on the trading we do.

There are three important things in learning trading or br able to be auccessful in trading , knowledge, skill and experience with these three if a gambler can utilize and hone this aspectd then expect that they will have a greater chance to become successful in trading or earn through trading, some new traders skip one of these just so they can earn immediately, some skip them all by using and relying AI trading which is we know can brough you profit but still there is a risk and added that a trader is abonding the concept of honing skill, gathering knowledge and acquiring experiene.
thats what I hate the most this days many traders are relying on AI or automated trading little they know they just making themselves unprofessional and not prioritizing the concept of honing themselves so that in the later days they can confidently trade and earn a profit through trading.

Of the three things you have mentioned, of course every beginner can have them and if someone misses one of them, of course there is little chance of making a profit in trading. It would be good for us to be patient in every learning process so that we can gain profits in the trading they do.

For some people who trade using AI, of course they don't have a good understanding of trading and also don't believe in their abilities. Of course, this will be very detrimental if they experience failure in their trading, but it is different if we fail to utilize their knowledge. What we have, of course, is that we are satisfied because what we did was based on our own knowledge and we will be able to improve ourselves and not make the same mistakes again when we try trading again.

[Davian144]

If you find that your knowledge has not peaked so you can self-enrich or you can trade but lack confidence you can re-learn how to trade for success.

There is no end to learning as long as we are still living in this world because even those who have been successful through trading are still learning by using more of their time in order to remain successful in the long term. Trading can be used as a daily job for everyone and to reach the peak of knowledge there will never be an end to learning. Because conditions of increasing prices are not always visible in the market, so even in conditions of decreasing prices, everyone must learn to take the right attitude so that work does not stop just because of a decrease in prices.