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Author Topic: Newbie should trade or not? Please give me idea.  (Read 33414 times)
tidus1097
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January 08, 2019, 10:43:05 PM
 #101

Newbies can trade easily if they know these basic criteria for it:

  • Charting analysis by reading the charts constantly.
  • Leverage and margin trading
  • Popular trading instruments
  • Risk management
  • Strategy automation of trading
  • Record keeping and taxes managements
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January 08, 2019, 10:50:23 PM
 #102

Of course yes you can trade even you are a newbie in trading but first you need to know about trading, like what the strategy  and how to trade in crypto. I think you can learn it if you really want to do it.

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January 08, 2019, 11:11:42 PM
 #103

Of course yes you can trade even you are a newbie in trading but first you need to know about trading, like what the strategy  and how to trade in crypto. I think you can learn it if you really want to do it.
But first of all he must learn through basics or else he will find himself losing a lot of his money. And that's what most newbies did who doesn't have enough knowledge for that matter. Trading is not that hard once he get used to it but if this is his first time then he must have a lot of question in his brain right now.
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January 08, 2019, 11:33:07 PM
 #104

I think there have been many discussions about trading for beginners, and you can find it easily. reading in this forum or watching youtube is quite helpful.
but that's not all, you need the courage to try and get valuable experience from trading.

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January 09, 2019, 01:56:15 AM
 #105

If you want to start trade you need to have idea about how trading works and make sure that you have enough time to concentrate on trading to make profits.You need to pick the right exchange
I believe basic idea about trading could be obtained by just watching the market screen for considerable amount of time. I mean to say just following price levels, order books and recent trades, I believe everyone could learn the basics of how trading is working. After that they must start with virtual account to practice in real time along with studying strategies.
There are many methods for learning the basics of trade. from reading on blogs, seeing market movements, watching videos and so on.
but it certainly won't be good, if you just study and theories. You need practice and try, if there is a demo feature you can use it
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January 09, 2019, 03:50:54 AM
 #106

I think there have been many discussions about trading for beginners, and you can find it easily. reading in this forum or watching youtube is quite helpful.
but that's not all, you need the courage to try and get valuable experience from trading.
He should not ask like that, every person has expertise in trading but what distinguishes is when someone trades with a strategy then it is most likely to face a loss is slightly, but for someone who trades only relying on his instincts, the probability of getting a loss is large. Agree, this forum has discussed a lot of ways to trade for newbies, I think it can be used as a reference.

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January 09, 2019, 03:57:37 AM
 #107

if my advice is, don't trade first because if you don't know well about the crypto world trade it will be very difficult to get results and you can even get a loss. so my advice is to multiply trade knowledge and what coins we should trade
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January 09, 2019, 05:39:49 AM
 #108

If you have the desire to constantly learn, you can try to trade. Start by viewing the training materials on YouTube. If you search, you can find a lot of useful and free educational information.
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January 09, 2019, 12:04:55 PM
 #109

I really want to receive the instruction of the go-ahead, thank a lots.  Kiss Kiss
Being demanding is not a pleasant attitude Undecided.

No offense but for me what you did was an irresponsible move. You suddenly invested on crypto without even studying. Well, it's your money not mine so I got nothing to lose. Honestly, as much as possible, I don't want to see an individual slowly losing his interest to crypto due to his own mistakes so I think much better for you to study first (start with familiarizing the basics). Watch video tutorials in youtube, find answers to your queries here in the Trading Discussion Section or even try this trading simulators.

I hope this one helps, good luck Smiley.
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January 09, 2019, 01:17:37 PM
 #110

if my advice is, don't trade first because if you don't know well about the crypto world trade it will be very difficult to get results and you can even get a loss. so my advice is to multiply trade knowledge and what coins we should trade
- Exactly, before newbie wants to know whether they should trade or not, they should ask themselves, they have enough knowledge and skills or not, or they just listen to the news and predictions of others then rush into trading without thinking, they need to answer that question and they will know what they should do with trading. And even if they have enough knowledge, they should not dream of a perfect trading and no loss, loss in the first time is inevitable, so newbie always needs to be ready for that, it will help them not to feel the pressure and too sad when the loss comes.


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January 09, 2019, 01:27:04 PM
 #111

My advice is that you don’t need to rash in with trading, take more time to learn and study. May be doing some bounties first and gain more knowledge and then slowly move to trading. Like any other job, trading require experience and good knowledge if you don’t want to lose money.

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January 09, 2019, 01:36:13 PM
 #112

Hello every body.I am a Newbie. I joined Crytopia about four months ago. I hold ont and dog Now I want to practice to trade .Please help me give some idea for Newbie as me, I should trade or not? I really want to receive the instruction of the go-ahead, thank a lots.  Kiss Kiss

A newbie status is for those who should be trying to learn the ways first instead of jumping on it immediately. It is better to be well prepared before trading than trade immediately without knowing the basics and have more than a handful of regrets and losses afterwards. I recommend that you observe first the exchange platform that you have chosen. Please ask for guidance from close friends and loved ones who have been there before you. Watch educational videos as to how to start trading in cryptopia. It is a nice platform by the way. Please familiarize yourself first of the navigation around the platform. And then start creating orders. Start with the minimum.

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January 09, 2019, 02:14:14 PM
 #113

Hello every body.I am a Newbie. I joined Crytopia about four months ago. I hold ont and dog Now I want to practice to trade .Please help me give some idea for Newbie as me, I should trade or not? I really want to receive the instruction of the go-ahead, thank a lots.  Kiss Kiss

since that you are a newbie, it is better for you to begin with learning about everything here in the forum. don't push or force yourself in a hurry to experience to earn big. And never put in your mind that you are here only to earn because if you have that in your mind, I advise you to get out in this place. Because that's the reason why most of the quitters here are have that kind of mindset which is to earn big in a fastest way.
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January 09, 2019, 03:23:42 PM
 #114

One thing I learned in 2018 is never to trust any precise predictions about bitcoin or cryptos, i.e. predictions containing a number and a date, as they're almost always wrong. Even the cleverest "experts" and pundits don't know what's going to happen in the future.
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January 09, 2019, 03:27:22 PM
 #115

Hello every body.I am a Newbie. I joined Crytopia about four months ago. I hold ont and dog Now I want to practice to trade .Please help me give some idea for Newbie as me, I should trade or not? I really want to receive the instruction of the go-ahead, thank a lots.  Kiss Kiss

Even some community will say not, if you are eager or determine to do the actual trade you won't listen for sure.
But if I am the one who will follow, I would rather to begin with some research about in trading. I know this thing was not a simple
matter for us to gain a lot here. It will take times before we come to the stage of real profit in this business.
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January 09, 2019, 05:20:21 PM
 #116

Ofcourse newbie have no big idea to start up so lot of traders start and starting for trading also for newbies so they lossing lot of money and they always complaining.

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January 09, 2019, 06:08:48 PM
 #117

Ofcourse newbie have no big idea to start up so lot of traders start and starting for trading also for newbies so they lossing lot of money and they always complaining.
If you notice, even professional trader is also facing losses, it is not a thing only for newbies. But, professional traders will be having less number of losses compared to newbie trades. But, this does not mean that newbies should not trade. They also must start trading but definitely with very small capital. When the capital is small and within affordable limit on the occasion of losses, I believe they could be having a safe environment to look into the learning process more effectively.

Yes, newbie may start trading at any time but that process should be for learning purposes and should not for profit making. They must use small capital for this purposes so that they can learn all the required aspects of trading and then may slowly enter into the trades which are based on decent capital for profit making.
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January 09, 2019, 06:55:54 PM
 #118

Ofcourse newbie have no big idea to start up so lot of traders start and starting for trading also for newbies so they lossing lot of money and they always complaining.
With one important thing - newbies need to train their emotions. Emotions are never a good advisor when trading. Those who bought BTC in December 2017 on the peak of hype are a perfect example of that.

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January 09, 2019, 06:57:47 PM
 #119

As you have already joined in Cryptopia and hold a few coins then you should start trading without wasting much time, as you go on trading you would automatically learn many things. However, there are a plenty of resources online, you can use those to learn more about trading.

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January 09, 2019, 07:01:35 PM
 #120

Hello every body.I am a Newbie. I joined Crytopia about four months ago. I hold ont and dog Now I want to practice to trade .Please help me give some idea for Newbie as me, I should trade or not? I really want to receive the instruction of the go-ahead, thank a lots.  Kiss Kiss

Sure. If you don't start you will never learn. Just make sure to start with small amounts. And don't expect to earn a lot at first. Most likely, you will lose money (but that would be a small amount, right?) but that's a precious experience that will help you a lot in the future.
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